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What Does the Highest Point in the Frequency Polygon Show

question 6

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What does the highest point in the frequency polygon show?


Definitions:

Competitive

Being Competitive means being able to offer products or services that are more attractive to consumers than those of competitors, either through lower prices, higher quality, or unique features.

Economic Profit

The difference between the total revenue earned by a business and the total opportunity costs of all resources used in production.

Competitive

Relating to or characterized by rivalry among sellers in a market, aiming to increase sales, market share, and customer loyalty by offering better terms.

Maximum

The highest or greatest possible amount or degree of something.

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