For each of the following scenarios, indicate whether the relationship between the two variables is positive or negative, as well as which line on the previous graph has a slope that reflects this type of relationship. Hint: The X-axis and Y-axis on the graph are not labeled intentionally. You need to substitute the variables from each scenario for the horizontal and vertical axis. For example, in the first scenario, X-axis should be labeled “Income" and Y-axis should be labeled "Education". Relationship options: Positive, Negative Line: A, B, C, D True or False: Line A has a slope of zero.
For each of the following scenarios, indicate whether the relationship between the two variables is positive or negative, as well as which line on the previous graph has a slope that reflects this type of relationship. Hint: The X-axis and Y-axis on the graph are not labeled intentionally. You need to substitute the variables from each scenario for the horizontal and vertical axis. For example, in the first scenario, X-axis should be labeled “Income" and Y-axis should be labeled "Education". Relationship options: Positive, Negative Line: A, B, C, D True or False: Line A has a slope of zero.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 11RQ: What is die difference between accounting and economic profit?
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Question
For each of the following scenarios, indicate whether the relationship between the two variables is positive or negative, as well as which line on the previous graph has a slope that reflects this type of relationship.
Hint: The X-axis and Y-axis on the graph are not labeled intentionally. You need to substitute the variables from each scenario for the horizontal and vertical axis. For example, in the first scenario, X-axis should be labeled “Income" and Y-axis should be labeled "Education".
Relationship options: Positive, Negative
Line: A, B, C, D
True or False: Line A has a slope of zero.
![Scenario
Relationship
Line
As education levels rise, income levels rise.
As poverty rates fall, crime rates fall.
As education levels rise, crime rates fall.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1f46439f-f296-4bbe-bf55-a0fa16d65a02%2F2ec6efc8-a9ba-4469-9a91-1e5731de7efc%2Fohr2uu9_processed.png&w=3840&q=75)
Transcribed Image Text:Scenario
Relationship
Line
As education levels rise, income levels rise.
As poverty rates fall, crime rates fall.
As education levels rise, crime rates fall.
![D
A
Х-аxis
B.
Y-аxis](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1f46439f-f296-4bbe-bf55-a0fa16d65a02%2F2ec6efc8-a9ba-4469-9a91-1e5731de7efc%2Fvwmados_processed.png&w=3840&q=75)
Transcribed Image Text:D
A
Х-аxis
B.
Y-аxis
Expert Solution
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Step 1
Given information:
A- Horizontal to the x-axis
B- Vertical straight line to Y-axis
C- Upward slope
D- Downward slope
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