Household incomes
at
- According to the Exhibit A-8, the relationship between the price and quantity purchased of pizza is
a. direct.
b. inverse.
c. complex.
d. independent.
- What is the slope of the line shown in Exhibit A-8?
a. -1.
b. -1/2.
c. -1/4.
d. 0.
- Which of the following would cause a shift in the relationship shown in Exhibit A-8?
a. A fall in household incomes.
b. A fall in the price of pizza.
c. A fall in the quantity of pizza that people wish to purchase.
d. All of the answers above would shift the line in the graph.
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