Question

1. What type of relationship would you expect between the following (Direct, Inverse, or Unrelated): (a)...

1. What type of relationship would you expect between the following (Direct, Inverse, or Unrelated):

(a) miles per hour and miles per gallon,

(b) sales of toothbrushes and sales of cat food,

(c) number of children in a family and the number of toys in a family

(d) the price of winter coats and sales of winter coats,

(e) the price of personal computers and the production of personal computers.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

a) Miles per hour and miles per gallon will be a direct relationship, the more we drive the more have to put petrol in.

b) sale of tooth brush and cat food are completely unrelated.

c) Children and toys are directly related.

d) price of a good and sales are inversely related.

e) these are directly related.  

Add a comment
Know the answer?
Add Answer to:
1. What type of relationship would you expect between the following (Direct, Inverse, or Unrelated): (a)...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • please answer all the following Lesson 1.4-Specialization and Trade Tony can produce any of the following...

    please answer all the following Lesson 1.4-Specialization and Trade Tony can produce any of the following combinations of goods X and Y (a) 100 X and O Y, (b) 50 X and 25 Y, and (c) OX and 50 Y. Darlene can produce any of the following combinations of goods X and Y (a) 50 X and O Y, (b) 25 X and 40 Y, and (c) O X and 80 Y. Who has the comparative advantage in the production...

  • can you please complete the income statement (last photo) other pages are for refernce. please let...

    can you please complete the income statement (last photo) other pages are for refernce. please let me know what additional information is needed to complete the question TOLED Tuy Demstalled, but first we need to close some apps. Update now A B C D E F G H J K L M N O P Q R S OPERATIONAL & COST INFORMATION: For simplicity, base all calculations using 30 days in each month m OPERATIONAL DATA Grooming: The Groomer can...

  • Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the...

    Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the updated scenario information to analyze your company's performance. Post-opening Scenario: Your angel investors are silent in relation to the business; however, they require board meetings for status updates on the company's financial health. Therefore, you need to analyze your company's performance over the last month using the data provided below. Note: Your instructor will create an announcement sharing the income...

  • 1. The average amount parents and children spent per child on back-to-school clothes in Autumn 2010...

    1. The average amount parents and children spent per child on back-to-school clothes in Autumn 2010 was $527. Assume the standard deviation is $160 and that the amount spent is normally distributed. What is the probability that the amount spent on a randomly selected child is more than $700? (Round to four decimal places) What is the probability that the amount spent on a randomly selected child is less than $100? (Round to four decimal places) What is the probability...

  • please help with COS schedule, income statement, and variances. everything is completed and added for reference....

    please help with COS schedule, income statement, and variances. everything is completed and added for reference. please complete the last 3 sections View Help i SUBSCRIPTION EXPIRED To keep using Excel without interruption, please reactivate now. Reactivate H32 X : B for D A C E F G H I J K L M N O P Q 43 For simplicity, base all calculations using 30 days in each month OPERATIONAL DATA Grooming: The Groomer can groom 5 dogs a...

  • Please provide a: 1) Direct materials budget, including a schedule of expected cash disbursements for materials....

    Please provide a: 1) Direct materials budget, including a schedule of expected cash disbursements for materials. 2) Direct labor budget. Kimmel Gnomes, located in South Dakota, may be the only other manufacturer of high quality clay garden gnomes that are hand finished. Kimmel Gnomes are stoneware, rather than terracotta. Stoneware uses higher-quality clay than terracotta and the gnomes are fired at higher temperature, yielding a stronger, more durable gnome. The gnomes are fired inside and out and are colored with...

  • Requirements 1-4 You have been invited to participate in an accounting competition. Your team will be...

    Requirements 1-4 You have been invited to participate in an accounting competition. Your team will be making a presentation to Michelle and Vishayla who are sister's-in-law who have recently opened a bakery specializing in cakes. They realized their love of baking after they married brothers, Josh and Cody. For a few years they created cakes for family and friends. The demand for their cakes had grown to the point where they could no longer use their kitchens as their "bakery."...

  • A government might choose to implement a price floor to O A. keep specific prices up....

    A government might choose to implement a price floor to O A. keep specific prices up. O B. satisfy notions of equity. O c. give into powerful political groups. OD. All of the above have served as motivations. Demand and Supply Schedules for Chocolate Bars Price Quantity Demanded Quantity Supplied ($) (thousands per week) (thousands per week) 2.00 1500 2100 1.80 1600 2050 1.60 1700 2000 1.40 1800 1950 1.20 1900 1900 1.00 2000 1850 0.80 2100 1800 0.60 2200...

  • Can someone help with #1, 2, 5, 6? OEDD DEODMUHDEVIVOR Exercises/Problems 1. Stockholders' Equity. The owners...

    Can someone help with #1, 2, 5, 6? OEDD DEODMUHDEVIVOR Exercises/Problems 1. Stockholders' Equity. The owners of a new venture have decided to organize as a corporation. The ini. tial equity investment is valued at $100,000, reflecting contributions of the entrepreneur and her family and friends. One hundred thousand shares of stock were initially issued. A. What dollar amount would initially be recorded in the common stock account? B. If a par value on the common stock were set at...

  • FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the...

    FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the blank Scarcity is the intimited nature of society's resources given society's limited wants 2. A reward is a type of positive incentive. 3. To remove difficulty of double coincidence of wants we use money. 4. An exogenous factor is a variable that can be controlled for inside the model. 5. The PPF will not have a constant slope. 6. The law of demand states...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT