Round the Number 0.00637 to Two Significant Figures

question 146

Multiple Choice

Round the number 0.00637 to two significant figures.

• A)0.0064
• B)0.006
• C)0.00637
• D)0.0
• E)0.0063700

---

Definitions:

No-Name Brand

Products that are sold without a brand name, often at a lower price compared to branded products.

Producer Surplus

The difference between the amount that producers are willing and able to sell a product for and the actual amount they do sell it for.

Consumers Surplus

The gap between the aggregate sum consumers are ready and capable of paying for a good or service versus what they actually shell out.

Elastic Demand

A market condition where the quantity demanded of a good or service significantly changes in response to a change in price.