Describe the equation of a linear relationship
Describe the equation of a linear relationship?
Expert
1. If the vertical intercept and the slope are known, the general form y = a + bx describes the line.
2. y represents the variable on the vertical axis (the dependent variable in standard mathematical form) a is the vertical intercept, b is the slope of the line, and x represents the variable on the horizontal axis (the independent variable in standard mathematical form).
3. The income—consumption example places the dependent and the independent in proper mathematical form.
4. The price-quantity example reverses their position and places price (the independent variable) on the vertical axis and quantity (the dependent variable) on the horizontal axis.
Question: A country with a fixed or managed exchange rate would consider i.___________________ its currency to gain competitive advantage vis-à-vis its trade
Elucidate the ways to finance corporate activity?
The initial systematic and popular description of capitalism was explained in: (1) Sir Thomas Mun’s England’s Treasure by Foreign Trade. (2) Joseph A. Schumpeter’s Capitalism, Socialism, and Democracy. (3) John Maynard Keynes’
Explain how Entrepreneurs are risk-takers?
Question Can you describe what the production function for the game looks like? (How are labour, capital and resources combined? Are there constant, increasing or decreasing returns to scale?) Answer Q : Economic Why are democratic regimes Why are democratic regimes more conducive to economic growth than dictatorship
Why are democratic regimes more conducive to economic growth than dictatorship
Elucidate the changing rates of Appreciation and Depreciation?
Describe two kinds of efficiency Full production imply?
What is the difference between qualitative data and quantitative data, provide an example of each.
Janet has loaned a start-up coffee house $50,000 and predicts to earn interest from her financial investment. In circular flow model this transaction is an illustration of: (1) An exchange of her saving for interest, via a resource market for the economic capital. (2)
18,76,764
1958689 Asked
3,689
Active Tutors
1424907
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!