Use the Figure Below to Answer the Following Questions

question 135

Multiple Choice

Use the figure below to answer the following questions.

Figure 26.1.1
-Refer to Figure 26.1.1. Which graph illustrates what happens when factor prices decrease?

• A)(a)
• B)(b)
• C)(c)
• D)(d)
• E)(a)and (b)

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Definitions:

Biased Sample

A sample that does not accurately represent the population from which it's drawn, often due to a selection process that favors certain characteristics.

Representative

Someone who stands in or acts on behalf of others, often in a political, sales, or customer service capacity.

Ethnocentric

The conviction that one's own ethnicity or culture is superior to all others.

Exclusionary

Pertaining to the act or policy of excluding certain people or groups from participating in an activity, institution, or society.