Say's Law Suggests That

question 68

Multiple Choice

Say's law suggests that

• A) supply creates its own supply.
• B) demand creates its own supply.
• C) demand creates its own demand.
• D) supply creates its own demand.
• E) supply creates; demand destroys.

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Definitions:

Median

The middle value in a data set when it is arranged in ascending or descending order.

Midpoint

The value that lies exactly in the middle of a data set when it is ordered, or the central point of a line segment.

Set of Scores

A collection of numerical values obtained from a specific assessment or measurement.

Average Variability

The typical extent to which data points in a dataset differ from the mean or average, often measured using variance or standard deviation.