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Author Question: For the Jones household it has been estimated that for every ten degrees increase in the outdoor ... (Read 75 times)

Engineer

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  • Posts: 527
on: Jun 29, 2018
For the Jones household it has been estimated that for every ten degrees increase in the outdoor temperature the consumption of ice tea increases by 5 glasses.
 
  What type of relationship exists between temperature change and the consumption of ice tea? A) negative relationship
  B) positive relationship
  C) no relationship
  D) maximum relationship

Question 2

Refer to the table above. Suppose that the only variable input that the firm uses is labor. What is the wage paid to a worker in the firm?
 
  A) 1
  B) 5
  C) 10
  D) 15


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at

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

B

Answer to Question 2

C


Engineer

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kusterl

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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