In a Frequency Distribution,what Is the Number of Observations in a Class

question 151

Multiple Choice

In a frequency distribution,what is the number of observations in a class called?

• A)class midpoint
• B)class frequency
• C)class interval
• D)none of the above

Identify economic profit or loss of firms in the short and long run.

Evaluate the impact of market adjustments on demand elasticity for monopolistically competitive firms.

Assess the role of marginal revenue and marginal cost in determining profit-maximizing output levels.

Understand the conditions leading to long-run equilibrium in monopolistically competitive markets.

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