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Author Question: Real income can be measured by A) the slope of the budget line. B) the area under the budget ... (Read 103 times)

ap345

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on: Jun 29, 2018
Real income can be measured by
 
  A) the slope of the budget line.
  B) the area under the budget line.
  C) the length of the budget line.
  D) an intercept of the budget line.

Question 2

If you hire 1 worker, the worker can produce 20 pizzas a day. If you hire a 2nd worker, that worker can produce 10 more pizzas. If you hire a 3rd worker, that worker can produce 2 more pizzas a day.
 
  A graph displaying this relationship between the number of employees and total pizza output per day would show A) a positive linear relationship.
  B) an upward-sloping curve that becomes less steep.
  C) a negative linear relationship.
  D) a negatively-sloped curve that becomes less steep.


mistyjohnson

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

D

Answer to Question 2

B


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