Microeconomics
Microeconomics
21st Edition
ISBN: 9781259915727
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 1.A, Problem 2ARQ
To determine

Dependent variable and independent variable.

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. (a-) Graph the function  Y= 36/X , assuming that X and Y can take positive values only. Next, suppose that both variables can take negative values as well; how must the graph be modified to reflect this change in assumption?
The predicted value of y_i is Select one: O a. the value that y_i takes on when x_i equals 0. O b. the effect that a one-unit change in the dependent variable is expected to have on the independent variable, holding all else constant. O c. the value of y_i when the slope is multiplied a specific x_i and then that value is added to the intercept. O d. the observed value of the dependent variable that is associated with a specific value of the independent variable.
The following is an equation of a straight line: (A): 5y-15x+35=0, What's the slope of the equation (A), with its verbal description? * Slope =3 , if x increases by 1 unit y increases by 3 Slope =1, if y increases by 1 unit x increases by 3 Slope =1, if x increases by 3 unit y increases by 1 Slope =3, if y increases by 1 unit x increases by 3
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