A Number Line with 0 (Impossible)to 1(possible)is Purposeful When Students

question 4

Multiple Choice

A number line with 0 (impossible) to 1(possible) is purposeful when students are learning about probability.All of the statements would be examples of benefits of a number line EXCEPT:

• A)Provides a visual representation.
• B)Connects to the likelihood of an event occurring.
• C)Reference for talking about probability.
• D)Experimental random device.

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded; also known as market-clearing price.

Equilibrium Quantity

At the market equilibrium price, the amount of goods or services available matches the amount that is demanded.

Inferior Good

An economic term for a good whose demand decreases as the consumer's income increases, contrasting with normal goods.

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at the market price.