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Author Question: A direct relationship occurs when A) the two variables being compared change in opposite ... (Read 90 times)

nelaaney

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on: Jun 29, 2018
A direct relationship occurs when
 
  A) the two variables being compared change in opposite directions, or when one goes up the other goes down.
  B) a change in one of the variables causes a change in the other variable in any direction.
  C) the two variables being compared change in the same direction, or when one goes up the other also goes up.
  D) the two variables have no identifiable relationship with each other.

Question 2

Any improvement in overall production technology that permits more output to be produced with the same level of inputs causes
 
  A) a movement up the supply curve resulting in both a higher equilibrium price and quantity.
  B) a rightward shift of the supply curve so that more is offered at each price.
  C) no movement of the supply curve, but a fall in price and a decrease in quantity supplied.
  D) a leftward shift of the supply curve so that less is offered for sale at each price.


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cam1229

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


nelaaney

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

zacnyjessica

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Reply 3 on: Yesterday
Wow, this really help

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