A Graphical Representation of a Frequency Distribution in Which Vertical

question 8

Multiple Choice

A graphical representation of a frequency distribution in which vertical bars are centered above each category along the x-axis and are separated from each other by a space,is a _____.

• A)histogram
• B)bar graph
• C)pie graph
• D)frequency polygon

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Definitions:

Consumption

The use of goods and services by households, which represents the final phase in the economic chain of activities.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite to normal goods.

Income

Money received on a regular basis from work, property, business, or investments.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified period.