In an economic system with monopolies and cartels that fix the price of goods, the end result for consumers is that consumers are given worse choices and pay a higher price. This is a result of the lack of competition in the market that would drive prices down and offer more choices to consumers.
Since Shalane asks each student to indicate whether she or he is an athlete; then, the students complete a life satisfaction survey. This example shows that athleticism is a <u>nominal</u> variable.
Let's understand what a nominal variable is.
<h3>Nominal variable</h3>
Nominal variable is known to be used in statistical analysis. It is used to place people into various groups.
Nominal variable is also known as categorical variable. It is used when people fill out a survey.
Since Shalane tends to know who is an athlete, athleticism is a nominal variable.
Learn more about nominal variable brainly.com/question/13267344
There are many issues but here are a few.
Foreign policy, Homeland Security, Drugs, Healthcare, Tax reform and social security.
If you need more let me know.
The hand he was holding out was hi sright hand
