To Give Meaning to the Abstract Numbers on the Data

question 19

Multiple Choice

To give meaning to the abstract numbers on the data sheet, Ms. Kane:

• A) had the students look on the computer for comparison data.
• B) had the students create their own salt water solutions.
• C) showed them a video about salt water solutions.
• D) told them what to expect in a salt water solution.

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Definitions:

Restrict Entry

The act of limiting access or entrance into a market or sector to control competition and maintain market power.

Total Profit

The sum of net gains, representing the total revenue from transactions minus the total costs associated with those transactions.

Enlarge

To make something larger or expand in size, scale, or scope.

Government Failure

A situation where government intervention in the economy causes more harm than good, leading to inefficient outcomes.