What Type of Variable Is the Number of Robberies Reported

question 26

Multiple Choice

What type of variable is the number of robberies reported in your city?

• A)Attribute
• B)Continuous
• C)Quantitative
• D)Qualitative

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Definitions:

Lower Output

Refers to a reduction in the quantity of goods or services produced by a company or sector.

Raise Prices

An action taken by sellers to increase the cost that buyers must pay for goods or services.

Joint Profits

The combined earnings or financial gains shared between two or more parties engaged in a business venture.

Competitive Markets

Markets characterized by numerous buyers and sellers, enabling competition that regulates prices and quality.