State the Type of Graphical Display for Graph a and Graph

question 14

Multiple Choice

State the type of graphical display for Graph A and Graph B.

• A)A is a bar chart;B is a histogram.
• B)B is a bar chart;A is a histogram.
• C)Both graphs are bar charts.
• D)Both graphs are histograms.

Understand the role of world price in determining whether a country will import or export a good.

Analyze the impact of tariffs on the quantity of goods imported or exported.

Understand the effects of tariffs and import quotas on domestic markets, including impacts on consumer surplus, producer surplus, and total surplus.

Analyze the impact of trade (both free and restricted) on domestic producers and consumers.

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Definitions:

Synesthesia

A condition in which one sense is simultaneously perceived as if by one or more additional senses, such as seeing sound.

Specific Nerve Energies

The theory that different sensory nerves convey specific sensations to the brain.

Sensory Receptor

A specialized neuron that detects a specific type of stimulus and converts it into an electrical signal in the nervous system.

Signal Detection Theory

A means to quantify the ability to discern between information-bearing patterns and random patterns that distract from the information.