Which of the Following Is a Measure of Dispersion

question 40

Multiple Choice

Which of the following is a measure of dispersion?

• A) mean.
• B) median.
• C) range.
• D) mode.
• E) none of these choices are correct.

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Definitions:

Partial Equilibrium

An analysis in economics focusing on the equilibrium of a specific sector or market without considering the whole economy.

Equity

The value that would be returned to shareholders if a company's assets were liquidated and all its debts repaid.

Least Possible Cost

The minimum expenditure necessary to achieve a specific outcome or produce a given quantity of a good.

Input Markets

Marketplaces where firms buy resources, goods, and services necessary for producing their own products or services.