If movement along a graph causes the value on the vertical axis to rise by 5 units and the value on the horizontal axis to fall by 10 units, the slope of the function is
a. 5.
b. ?.5.
c. ?2.
d. ?72.
b
You might also like to view...
As a manufacturer becomes a mass producer, generally productivity ____ and wage rates _____.
A. falls; fall B. rises; rise C. rises; fall D. falls; rise
Answer the following statements true (T) or false (F)
1. Production subsidies are a way of internalizing external costs among polluting firms. 2. In dealing with market failures, the government always bases its decisions on economic analysis of marginal cost and marginal benefit. 3. An effective antipollution policy from the economic perspective requires that all pollution be eliminated and banned. 4. Because in any period of time and in any region the quantity of pollutants that can be absorbed by nature is fixed, the supply of "pollution rights" in a cap-and-trade system will be perfectly elastic.
Bethany notices that whenever she receives a text message, her roommate Stella is playing her tuba. She concludes that Stella's tuba playing is causing her to receive text messages. Bethany is
A. definitely confusing correlation with causation. B. probably misguided in that there is no apparent correlation or causation in this situation. C. likely correct that there is causation, but the causation is more likely running in the opposite direction in that the text messages are causing Stella to play the tuba. D. very probably correct in her conclusion that the tuba playing causes her to receive text messages.
Refer to Scenario 7.8 below to answer the question(s) that follow. SCENARIO 7.8: A swimming pool cleaning company has the following production possibilities. With one, two, three, and four workers, the company can clean 5, 12, 17, and 20 pools per day, respectively. Refer to Scenario 7.8. Diminishing returns to labor set in with the ________ worker.
A. first B. second C. third D. fourth