Answer: commom resources good
Step-by-step explanation:
The question above signifies that I can't eliminate shoes from my list. To me, shoes are inexcludable. You can see that as my income increases, my purchases of shoes increase.
I chose common resources good because they are non-excludable (something difficult to eliminate), but can compete with other goods. This means that their availability to other people decreases when they are being used up.
Other types of goods besides common resources good are
- Private goods (products that are easily eliminated and rival)
-Club goods (excludable products but non rival)
-Public goods (unable to eliminate and non-rival)
Answer:
D.) 7:3
Step-by-step explanation:
First, find the LCM of the numbers, which is 8.
Then divide each number by 8
56÷8=7 24÷8= 3
Then, put them in a ratio
7:3
Answer:
Option C. qualitative
Step-by-step explanation:
A qualitative variable is the type of variable that can't be numerically expressed but can be categorized. The colors of the leaves on a branch can be categorized as green, yellow and orange etc. Thus, the colors of the leaves is a qualitative variable. So, the correct option is C.
Mean = (18 + 21 + 17 + 24 + 15) divided by 5
Mean = 95 divided by 5
Mean = 19
