In a Typical School of 1000 Students, About How Many

question 52

Multiple Choice

In a typical school of 1000 students, about how many students with learning disabilities would you expect to find?

• A)10
• B)50
• C)150
• D)250

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Definitions:

Surplus

A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price; often leads to price reductions.

Shortage

A situation in which demand for a good or service exceeds the supply available at a specific price. This can lead to long lines, increased prices, or both.

Demand Schedule

A table that lists the quantity of a good a consumer will purchase at various prices in a market.

Supply Schedule

A table that shows the relationship between the price of a good and the quantity supplied.