The figure above shows how the sales of the video game "Tomb Raider—Lara Retires" change when the advertising spent on the game changes

Is the relationship between advertising and the number of games sold positive, negative, or neither? Explain your answer.


The figure shows that there is a positive relationship between advertising and the number of video games sold. The relationship is positive because the two variables move together: If advertising increases, so, too, does the number of games sold.

Economics

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The goal of the World Bank is to

A) sell the government securities of member nations on the open market. B) supervise exchange rate stability. C) help finance economic development. D) supervise the activities of the central banks of member nations.

Economics

The law of supply reflects the negative relationship between the price of a good or service and the quantity of that good or service that sellers are willing to offer for sale

Indicate whether the statement is true or false

Economics

If a city decides to lift restrictions of how many taxi cabs can operate, social welfare will increase

What will be an ideal response?

Economics

If your risk of losing your house to catastrophe is 25%, how much would fair insurance cost if your home were worth $1,000,000?

A) $250,000 B) $750,000 C) $1,000,000 D) Unable to determine with the information given.

Economics