Exam 21: Applying Graphs to Economics

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Exhibit 1A-10 Multi-curve graph Exhibit 1A-10 Multi-curve graph   Exhibit 1A-10 represents a three-variable relationship. As the annual income of consumers rises from $20,000 (line A)to $40,000 (line B), the result is a: Exhibit 1A-10 represents a three-variable relationship. As the annual income of consumers rises from $20,000 (line A)to $40,000 (line B), the result is a:

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Exhibit 1A-8 Straight line relationship Exhibit 1A-8 Straight line relationship   What is the slope of the line shown in Exhibit 1A-8? What is the slope of the line shown in Exhibit 1A-8?

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When an inverse relationship is graphed, the resulting line or curve is:

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Exhibit 1A-4 Straight line Exhibit 1A-4 Straight line   In Exhibit 1A-4, the slope of straight line A-D is: In Exhibit 1A-4, the slope of straight line A-D is:

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Exhibit 1A-2 Straight line Exhibit 1A-2 Straight line   In Exhibit 1A-2, the slope of straight line CD is: In Exhibit 1A-2, the slope of straight line CD is:

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Exhibit 1A-4 Straight line Exhibit 1A-4 Straight line   In Exhibit 1A-4, as X increases along the horizontal axis, corresponding to points A-D on the line, the Y value remains unchanged at 40 units. The relationship between the X and Y variables is: In Exhibit 1A-4, as X increases along the horizontal axis, corresponding to points A-D on the line, the Y value remains unchanged at 40 units. The relationship between the X and Y variables is:

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The slope of a line parallel to the horizontal axis is:

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Exhibit 1A-3 Straight line Exhibit 1A-3 Straight line   As shown in Exhibit 1A-3, the slope of straight line AB: As shown in Exhibit 1A-3, the slope of straight line AB:

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