Define Direct and inverse relationships
Define Direct and inverse relationships?
Expert
A direct or positive relationship is if 2 variables change in the same direction (an increase in one is associated with an increase in the other).
They are inversely or negatively related when the 2 sets of data move in opposed directions.
Illustrate the Public Sector Government’s Role of providing the legal structure?
Can someone help me in finding out the right answer from the given options. The Taft Hartley Act of 1946 made it illegal to encompass a: (1) Right-to-work law passed by the state legislature. (2) Conviction for the misdemeanor and serve as union officer. (3) Union for the agricultural migrants or go
Briefly explain the term Average cost and Marginal cost?
Illustrate the Optimal or best product-mix and also Law of increasing opportunity costs?
Why is the problem of unemployment a part of the subject matter of economics?
Which of the following are examples of public goods?
Mutually beneficial exchange is probable whenever relative production costs vary previous to trade, is a manner to state the law of: (1) Positive profits from trade. (2) Comparative benefit. (3) Specialization and Division. (4) Purchasing power parity
Describe the term: “Only to be part with it we want money”?
Drinking at a public water fountain is: (w) a public good because anyone may drink from it. (x) results in a negative externality because others can’t drink from this at similar time. (y) a positive externality because you are benefiting by other’s provisi
Question Write a report on a local firm that faces Human Resource Management problems. Pick two major problems and provide solutions to it. The company selected must
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