Question

27. When interdiction efforts manage to stem the flow of illegal drugs into the United States, assuming no change in demand, the price of these substances rises. This price increase leads to more crime as addicts attempt to maintain their now more expensive habits. Economists call this side-effect of the drug business the illusion of nationality an externality the cost descase of personal service nemployment 28. Rent control is usually justified on the grounds that it protects moderate-to low-income families from the burden of rapidly rising rents and from eviction if they are unable to pay. It also prevents landlords from reaping windfalls as property values rise. Opponents note that rent controls usually lead to a reduced supply of rental housing and shortages. The proponents of rent controls support them primarily on the grounds of sticiency quality externalities cost disease of services 29. "The hotter it gets, the more water people drink." This statement implies that the relationship between temperature and water consumption must have a N egative slope slope always equal to one slope always cual to 45 degrees 30. The slope of a downward-sloping straight line can be calculated as the distance from the orizontal intercept of the line to the origin divided by the stance from the origin to the Mertical intent of the line ginto the horizontal intercept of the line is the stance from the origine the vertical e of the line vertical intercept of the line to the divided by the distance from the engine the the onical tercept of the line to the origin e cance from the origine tai p t of the line 1. A vertical line has a slope of

Answer 1

31) A vertical line has undefined slope because al points on the line have same x-Coordinate. As a result the formula used for slope nas a denominator of 0 which makes the slope Ondefined ' si mer! be (1:5.2) so options in correct. & P2(1.5, -1) 20 le t e nt so, ma 2-(1)-3 1.5-115 state in corris Bite inde fired. Pleast and en De Homie cos оф ? The slope of the downward sloping stright line can be calculated and the distance from Vertical inter cept of the line to the origin divided by distance from the origin to the Horizontal intercept of the line so the correct option is a

297 A Negative slope means two variables A are negatively Related that is if & increase then y decrease. A Positne slope Means two variables are positively related it & rises, so does y The slope is always equal to 1 means going I unit to the right, the line drops l unit. Here the statement 'The hotter it gets the more water people drink troet means x is inereasen tuen y is also 1 increases so the slope in positive And the correct option is b e 287 Efficiency in á situation where nothing can be improved without something Hurt. economic equality in the concept of tairness Externality lost or benefit that affects a third party who did not choose to inen that lost or benefit The proponents of Rent controls support them primonity on the ground of Edticiency so, the correct option is an only 27 Price increase leads to more enique an addicts attempt to maintain their more expensive habits. Economist's call this side effect of drug business the illusion of Rationality 80 the correet option is a