This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the two different types of relationships that variables can have? Explain each. What do ... (Read 327 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
What are the two different types of relationships that variables can have? Explain each. What do these relationships look like when they are graphed?
 
  What will be an ideal response?

Question 2

Interlace, Inc produces and a unique soda. The company cannot price discriminate. The figure above shows Interlace's demand curve, marginal revenue curve, and marginal cost curve. Interlace, Inc is definitely
 
  A) a perfectly competitive firm.
  B) not a perfectly competitive firm.
  C) a natural monopoly.
  D) None of the above answers is correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

Variables can have two relationships: positive (or direct) and negative (or inverse). A positive relationship occurs when the variables move in the same direction, so that when one increases, the other also increases. A negative relationship occurs when the variables move in the opposite direction, so that when one increases, the other decreases. When a positive relationship is graphed, the line slopes upward to the right. When a negative relationship is graphed, the line slopes downward to the right.

Answer to Question 2

B


09madisonrousseau09

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Types of selective media Types of selective media
TYPES OF RESEARCH TYPES OF RESEARCH
Angle of insertion for three types of injections. Angle of insertion for three types of injections.
Labeled diagram and flowchart of the three muscle tissue types. Labeled diagram and flowchart of the three muscle tissue types.
Various types of integumentary conditions.(A) Urticaria (hives). Various types of integumentary conditions.(A) Urticaria (hives).
Relationships between infants and caregivers Relationships between infants and caregivers
Video: Angiotensin II - kidneys, adrenal glands and dehydration

For a complete list of videos, visit our video library