Edit View Insert Format Tools Table Window Help . HW 1 ECON 101 [Compatiblity Mo

Question

Edit View Insert Format Tools Table Window Help . HW 1 ECON 101 [Compatiblity Mode] a- Sea ert Design LayoutReferences Mailings Review View 1.abe x, x' A'L. Note Level 2 Heading 1 Iv. Computer manuracturers are iowering the price or laptop computers. -macro v. The U.S. unemployment rates has fallen. -macro 5. Refer to the graph below. 1.00 4.005.000 0). The slope of the line above is 24 (ii). Ifx falls by i unit, y will l decrease) by units. (iii). Ifx increases by 2 units, y will mm, decrease) by units. (iv). Ifx increases from 1 unit to 5 units, y will (1 11 decrease) from-1.5-units to 3.5 units. (v). The vertical intercept ofthis line is 720 Words English (US) 3 5 7 9

Explanation / Answer

(i) The slope of the line is 0.5 / 1

(ii) If x falls by 1 unit, y will decrease by 0.5 units.

(iii) If x increases by 2 units, y will increase by 1 units.

(iv) If x increases from 1 unit to 5 units, y will increase from 1.5 units to 3.5 units.

(v) The vertical intercept of this line is 1.

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