Trend refers to
A) increases but not decreases of a variable.
B) the difference between the maximum value of the variable and the minimum value of the variable.
C) a general tendency for a variable to rise or fall.
D) the scale used on the x- and y-axes.
E) decreases but not increases of a variable.
C
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If there are approximately 8,000 barrels of known reserves of oil, annual consumption of oil is 500 barrels,
and it is estimated that the supply of oil will be depleted in 30 years, how many barrels of unknown reserves of oil are there estimated to be, all else equal? A) 1,333 B) 7,000 C) 12,000 D) 48,000
Refer to the table below. If the discount rate is 6 percent and the cost of the investment is $45,000, what is the net present value of the investment?
The above table shows the future operating profits from an investment. The future operating profits are earned at the end of each of the respective years.
A) -$1,074.48
B) $1,100.56
C) $43,925.52
D) -$44,852.36
Cartels are inherently unstable
a. True b. False
If a pair-wise majority vote was held to determine which school project gets funded, the voters' preferences are shown in the table, and the gym and library are voted on first, which project will win in the end?
A. Library
B. Computer lab
C. Gym
D. It is impossible to predict which project would win.