\[\begin{array} { c c } \begin{array} { c } x \text { variable } \\ \text { (on the horizontal axis) } \end{array} & \begin{array} { c } y \text { variable } \\ \text { (on the vertical axis) } \end{array} \\ \hline 100 & 50 \\ 200 & 125 \\ 300 & 200 \\ \hline \end{array}\] -The table above shows data on two variables.If these data were graphed,the slope of the line would be

A) 1/2. B) 4/3. C) 2/3. D) 3/4. E) 2. A) 1/2. B) 4/3. C) 2/3. D) 3/4. E) 2.

Exam 1: Getting Started

Price (dollars per blouse) 20 40 60 80 Katie's purchases (blouses per year) 10 8 6 4 Kim's purchases (blouses per year) 6 5 4 3 -The table above shows how many blouses Katie and Kim will purchase at different prices for a blouse.In the figure,label the axes and put the price on the y-axis and the quantity of blouses on the x-axis.Plot the data for Katie in the figure.Then,plot the data for Kim in the figure. $\begin{array}{c} \begin{array}{c} \text { Price}\\ \text { (dollars per blouse) }\\ \hline20\\ 40\\ 60\\ 80\\ \hline \end{array} \begin{array}{c} \text {Katie's purchases}\\ \text {(blouses per year)}\\ \hline10\\ 8\\ 6\\ 4\\ \hline \end{array} \begin{array}{c} \text {Kim's purchases}\\ \text {(blouses per year)}\\ \hline6\\ 5\\ 4\\ 3\\ \hline \end{array} \end{array} -The table above shows how many blouses Katie and Kim will purchase at different prices for a blouse.In the figure,label the axes and put the price on the y-axis and the quantity of blouses on the x-axis.Plot the data for Katie in the figure.Then,plot the data for Kim in the figure.$

(Essay)

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Question 261

If there is a positive relationship between two variables,

(Multiple Choice)

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Question 262

Huey has eaten two hamburgers and is considering a third.The marginal benefit in his decision is the pleasure from consuming

(Multiple Choice)

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Question 263

-In the above figure,which of the figures show(s)a relationships between x and y with a positive slope?

(Multiple Choice)

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Question 264

Scarcity forces people to

(Multiple Choice)

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Question 265

-The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell.The slope between points B and C equals

(Multiple Choice)

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Question 266

-What does the slope of the line shown in the above figure equal?

(Essay)

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Question 267

-The figure above shows the relationship between study time and the number of problems worked.The curve becomes less steep because as you study more,

(Multiple Choice)

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Question 268

Suppose you eat two hamburgers for lunch.The marginal benefit of the first burger is ________ of the second burger.

(Multiple Choice)

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Question 269

"Lower ticket prices would lead to more people attending ballgames." This statement is a

(Multiple Choice)

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Question 270

A graph shows the wage rate of factory workers.The slope of the line is positive for periods when the wage rate is

(Multiple Choice)

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Question 271

To make a rational choice,a person

(Multiple Choice)

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Question 272

Discuss what is necessary to make rational decisions.Be sure to mention opportunity cost,marginal cost,and marginal benefit.

(Essay)

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Question 273

Which of the following is an example of a normative economic statement?

(Multiple Choice)

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Question 274

-What is the slope of the line in the graph?

(Multiple Choice)

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Question 275

x variable (on the horizontal axis) y variable (on the vertical axis) 100 50 200 125 300 200 -The table above shows data on two variables.If these data were graphed,the slope of the line would be

(Multiple Choice)

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Question 276

The value of the best thing that a person must give up when making a decision is known as the ________ cost.

(Multiple Choice)

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Question 277

Jamie has enough money to buy either a Mountain Dew,or a Pepsi,or a bag of chips.He chooses to buy the Mountain Dew.The opportunity cost of the Mountain Dew is

(Multiple Choice)

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Question 278

Which of the following is a microeconomic issue?

(Multiple Choice)

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Question 279

A graph of the value of one variable against the value of another variable is known as a

(Multiple Choice)

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Question 280

Showing 261 - 280 of 347

If there is a positive relationship between two variables,

Huey has eaten two hamburgers and is considering a third.The marginal benefit in his decision is the pleasure from consuming

-In the above figure,which of the figures show(s)a relationships between x and y with a positive slope?

Scarcity forces people to

-The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell.The slope between points B and C equals

-What does the slope of the line shown in the above figure equal?

-The figure above shows the relationship between study time and the number of problems worked.The curve becomes less steep because as you study more,

Suppose you eat two hamburgers for lunch.The marginal benefit of the first burger is ________ of the second burger.

"Lower ticket prices would lead to more people attending ballgames." This statement is a

A graph shows the wage rate of factory workers.The slope of the line is positive for periods when the wage rate is

To make a rational choice,a person

Discuss what is necessary to make rational decisions.Be sure to mention opportunity cost,marginal cost,and marginal benefit.

Which of the following is an example of a normative economic statement?

-What is the slope of the line in the graph?

x variable (on the horizontal axis) y variable (on the vertical axis) 100 50 200 125 300 200 -The table above shows data on two variables.If these data were graphed,the slope of the line would be

The value of the best thing that a person must give up when making a decision is known as the ________ cost.

Jamie has enough money to buy either a Mountain Dew,or a Pepsi,or a bag of chips.He chooses to buy the Mountain Dew.The opportunity cost of the Mountain Dew is

Which of the following is a microeconomic issue?

A graph of the value of one variable against the value of another variable is known as a

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