Examlex
What is the main advantage of using frequency polygons over histograms?
Price
The amount of money required to purchase a good or service, acting as a signal to both buyers and sellers in the market.
Quantity
The amount or number of a material or immaterial good that is measured or counted.
Market Price
The price at which goods and services are currently being sold in the market, influenced by supply and demand.
Equilibrium Price
The price point in the market at which the amount of goods being offered is equal to the amount of goods being sought.
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