"The hotter it gets, the more water people drink." This statement implies that the relationship between temperature and water consumption must have a
a. negative slope.
b. positive slope.
c. slope always equal to one.
d. slope always equal to 45 degrees.
b
Economics
You might also like to view...
Using the points on the diagram below, identify which combinations of these points illustrate diminishing returns to capital. Give a brief explanation to support your answer
What will be an ideal response?
Economics
A monopolist firm may be more innovative than a competitive firm.
Answer the following statement true (T) or false (F)
Economics
Unions can only achieve wage gains by sacrificing employment.
Answer the following statement true (T) or false (F)
Economics
If you were told the MPC was = 0.75 and the government engaged in a spending increase of $400B, then the change in GDP would be:
A. $1200B B. $300B C. $400B. D. $1600B.
Economics