-Given the Demand Curve in This Graph,if Price Were $3

question 44

Multiple Choice

-Given the demand curve in this graph,if price were $3.00,how much is consumer surplus?

• A)$0
• B)$1.50
• C)$5.00
• D)$10.50

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Definitions:

Construct Validity

The extent to which a test or measurement tool accurately measures the theoretical construct it is intended to measure.

Content Validity

The extent to which a test measures all aspects of the concept it intends to measure.

Predictive Validity

The extent to which a test or measure accurately predicts future performance or outcomes.

Test-retest Reliability

A measure of the consistency of a psychological test or assessment when administered at two different times.