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A Distribution That Is Symmetrical,has as Its Middle Score the Score

question 11

Multiple Choice

A distribution that is symmetrical,has as its middle score the score with the highest frequency,and has decreasing frequencies as scores are further from the middle score is called a(n) _____ distribution.


Definitions:

Decreasing-cost Industry

An industry in which production costs fall as the industry expands, often due to economies of scale or technological improvements.

Long-run Equilibrium Prices

The price at which the quantity supplied equals the quantity demanded, stabilized over a longer period, factoring in all market adjustments and resource mobility.

Demand Leads

A situation where increases in demand for goods and services drive economic growth and expansion.

Decreasing-cost Industry

An industry in which the average cost of production decreases as the total volume of production in the industry increases.

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