Author Question: As the price of home heating oil rises, families buy less home heating oil. Hence a scatter diagram ... (Read 148 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
As the price of home heating oil rises, families buy less home heating oil. Hence a scatter diagram with the price of home heating oil on the vertical axis and the quantity purchased on the horizontal axis reveals a ________ relationshi
 
  A) time-series
  B) linear
  C) negative
  D) positive
  E) cross-sectional

Question 2

When disposable income increases, consumption expenditure
 
  A) also increases, but by less.
  B) also increases, and by an equal amount.
  C) decreases by the same amount.
  D) does not change.
  E) also increases, and by more.



Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library