(4 pts) Social surplus=consumer surplus+producer surplus+everyone else’s surplus. In your own words, explain what is meant by ‘everyone else’s surplus.’ 

Ch02 – If County Z reported 80 new COVID cases yesterday, and the number of new cases reported today was 50% higher than yesterday, how many new cases were reported today? Round your answer to nearest whole number.

A chart or graph showing the difference in frequencies or percentages among the values or categories of a nominal or ordinal variable, and in which the values or categories are displayed as rectangles of equal width with their height proportional to the frequency or percentage of the category, is called a ______.

What level(s) of measurement is this type of chart or graph appropriate for?

Ch02 – Based on this data set, which of these frequency tables is accurate for the variable number of children? Respondent Sex Age Number of Children 1 male 49 3 2 male 23 2 3 female 18 0 4 male 27 4 5 female 34 5 6 female 64 2 7 female 51 3 8 male 34 0 9 female 52 0 10 male 42 1  

Netflix is an example of a Club good.  Which of the following is true? 

What is passive investing? 

What is a mutual fund? 

As the lab manager, you are trying to identify the root cause of mislabeled samples from the physician’s office. The best choice of performance improvement method would be:

The notation of a 1 3s as a control rule means that: