On a given morning,Franco sold 40 pairs of shoes for a total of $80 at his shoe store.
A)The $80 is a real variable.The quantity of shoes is a nominal variable.
B)The $80 is a nominal variable.The quantity of shoes is a real variable.
C)Both the $80 and the quantity of shoes are nominal variables.
D)Both the $80 and the quantity of shoes are real variables.

Question

Quizplus · Accepted Answer

The $80 is a nominal variable because it represents the monetary value without adjusting for inflation. The quantity of shoes is a real variable because it represents a physical count of items.

On a Given Morning,Franco Sold 40 Pairs of Shoes for a Total