A Commodity Is ____ If It Is Used Up When

question 59

Multiple Choice

A commodity is ____ if it is used up when someone consumes it.

• A)marginal
• B)scalable
• C)depletable
• D)replaceable

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Definitions:

Sample Mean

The arithmetic average of a set of values, calculated by adding them up and dividing by the number of values.

Finite Population Correction

A factor applied in sample calculations to adjust for the size of the population when the population is not infinitely large.

Finite Population

A population set that contains a limited number of elements or observations.

Population Size

The total number of members or elements in a clearly defined set of people, animals, objects, or events being studied.