Which of the Following Is Not a Measure of Central

question 16

Multiple Choice

Which of the following is not a measure of central tendency?

• A) Mean absolute deviation
• B) Arithmetic mean
• C) Weighted mean
• D) Median
• E) Mode

Learn to distinguish between short-run and long-run elasticities and their implications.

Understand how changes in supply affect market equilibrium and total expenditures.

Assess the implications of elasticity on taxation and government policy.

Understand the definition and significance of genetics in the study of heredity.

---

Definitions:

Liability

The legal responsibility for one's actions or omissions, potentially resulting in the requirement to compensate for damage or loss.

Constructive Trust

An equitable trust that is imposed in the interests of fairness and justice when someone wrongfully holds legal title to property.

Indemnification

A legal obligation to compensate for loss, damage, or liability incurred by another party.

Breach

The violation or breaking of a law, duty, or contractual obligation.