Answer: This type of measurement scale is called "ORDINAL SCALE".
Explanation: Ordinal scale is a level of measurement that shows the ranks of data, by categorizing them in groups of performance using a systematic relation.
This scale show the performance of a data without telling the degree of the performance.
For the student to categorize the performance of their instructor from excellent to poor. This is Ordinal scale because it doesn't show the degree of performance, but only tells the level of performance. An instructor with 91% and another with 92% may be categorized in the same level of performance as excellent, but the degree of performance differs.
Answer:
Necessity Goods : Income Inelastic (< 1)
Luxury Goods : Income Elasticity ( > 1)
Explanation:
Elasticity is responsiveness of demand change to price change . Formula : - % change in demand / % change income
Normal goods have positive income elasticity, i.e. demand increase with income rise & decrease with income rise .
Necessity good's demand responds less to income change & is income inelastic ( < 1 ), % change in demand < % change in price .
Eg : Medicines
Luxury good's demand is more responsive to income change & is income elastic ( > 1) , % change in demand > % change in price .
Eg : Luxury Cars
Answer:
they claim to serve the common good, not just their own particular interests
Explanation:
the majority of interest groups actually controlled by groups or individuals that will benefited from a type of legislation. Which is why they help fund the campaign of government officials in order to make them indebted to them.
Public interest groups make the claim that even though they acknowledge they are promoting a select view of government officials, they do it to pass the legislations that will benefit the society as a whole (such as human rights and environmental protection)
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