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What is Economics Exam Questions for 1st Year about?

Here are detailed responses to the questions: 1. Variable is a quantity that can assume any of a set of values. It is a characteristic of an object or event that can be quantified and measured. 2. A continuous variable is one that can take any value within a given range. For example, temperature is a continuous variable as it can be any value between 0-100 degrees Celsius. 3. A discontinuous variable is one that can only take on certain discrete or distinct values within a given range and not values in

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Umair

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