Which of the Following Are True

question 58

Multiple Choice

Which of the following are true?

• A) is the mean of the sampling distribution of the mean
• B) is the standard deviation of the raw scores
• C) both of these
• D) none of these

---

Definitions:

Trade Off

The concept of sacrificing one good or service in order to obtain another, often used in decision-making processes to weigh different options.

Good

A tangible product or service that can satisfy consumers' wants or needs.

Optimum

The most favorable condition or level that achieves the best possible outcome or efficiency.

Good X

A placeholder term for any specific good, product, or item within economic analysis.