A relationship between two variables in which one variable increases at the same time that the other increases is called

A. inverse.
B. constant.
C. direct.
D. nonlinear.


Answer: C

Economics

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At the unique point of consumer equilibrium, the:

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If a 10 percent increase in the price of tomatoes leads to a 20 percent decrease in quantity demanded, then the price elasticity of demand for tomatoes, , equals -2

a. True b. False Indicate whether the statement is true or false

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