The Fahrenheit Scale for Measuring Temperature Would Be Classified as A(n)

question 89

Multiple Choice

The Fahrenheit scale for measuring temperature would be classified as a(n)

• A) ratio scale.
• B) ordinal scale.
• C) interval scale.
• D) nominal scale.

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Definitions:

Trade Credit

Debt arising from credit sales and recorded as an account receivable by the seller and as an account payable by the buyer.

Discounts

A reduction from the usual cost of something, often applied to prompt payment or to certain categories of customers.

Increase

A rise in value, quantity, or some other measure.

Trade Discount

A reduction from the list price given by a seller to a buyer, often based on the volume of the transaction or to incentivize early payment.