Over the Last Six Months,the Following Numbers of Absences Have

question 19

Multiple Choice

Over the last six months,the following numbers of absences have been reported: 6,0,10,14,8,and 0. What is the median number of monthly absences?

• A)6
• B)7
• C)8
• D)3

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Definitions:

Profit-Maximizing Output

The level of production at which a firm achieves the highest possible profit.

Antimacassars

Small pieces of cloth or paper placed over the backs or arms of chairs or sofas to protect them from grease or dirt.

Monopolistic Distributor

A sole provider of a product or service in a particular market, facing little to no competition.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping.