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Author Question: Consider the functional relationship between two variables, Xand Y. If Y is an increasing function of X, then (Read 18 times)

jmoore1989

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on: Oct 12, 2022

Question 1

Suppose we observe that consumption of electricity decreases when the price of electricity rises. We can say that the two variables are related
◦ non-linearly.
◦ positively.
◦ exogenously.
◦ linearly.
◦ negatively.

Question 2

Consider the functional relationship between two variables, X and Y. If Y is an increasing function of X, then
◦ Y increases when X decreases.
◦ Y decreases when X increases.
◦ Y increases when X increases.
◦ X remains constant as Y increases.
◦ X decreases when Y increases.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jmoore1989 on Oct 12, 2022

marufp

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jmoore1989

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

skipfourms123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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