Economics Appendix N 1Hot Drinks Sold And Temperature Move From

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Test Canvas : TestBanks Chapter 02: Appendix: Graphs in Economics

Microeconom ics, 3e

Test Canvas: TestBanks Chapter 02: Appendix: Graphs in

Economics

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1. True/False: Figure: Consumption of Pizza and Taco…

Question

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Figure: Consumption of Pizza and Tacos

Reference: Ref 2-19

(Figure: Consumption of Pizza and Tacos) Look at the figure Consumption of Pizza

& Tacos. The figure shows the number of tacos and pizza slices Matt can eat in a

day. The relation is nonlinear, and there is a negative relation between the number

of tacos and pizza slices that Matt can eat in a day.

2. True/False: Figure: Consumption of Pizza and Taco…

Question Figure: Consumption of Pizza and Tacos

Reference: Ref 2-19

(Figure: Consumption of Pizza and Tacos) Look again at the figure Consumption of

Pizza & Tacos. The figure shows the number of tacos and pizza slices Matt can

eat in a day. The best estimate of the slope between point A and point B is –4.

3. True/False: A linear curve has the same slope bet…

Question A linear curve has the same slope between every pair of points.

Points: 0

4. True/False: The owner of the Dismal Philosopher, ...

Question The owner of the Dismal Philosopher, one of the five bookstores on College Road,

asks you to make a graph showing each bookstore‘s share of all book purchases

on College Road. A good way to show this information is with a pie chart.

5. True/False: A town hires more police officers and...

Question A town hires more police officers and then has an increase in arrests. One can

conclude that the larger police force caused more crime.

6. Multiple Choice: The point at which the axes of a grap...

Question The point at which the axes of a graph intersect is called the:

Answer slope.

7. Multiple Choice: The ________ of a curve shows the poi...

Question The ________ of a curve shows the point at which the curve intersects an axis.

Answer slope

8. Multiple Choice: If two variables are positively relat…

Question If two variables are positively related, on a graph they will always be represented

by:

Answer a line or curve that slopes downward.

Points: 0

9. Multiple Choice: If two variables are negatively relat…

Question If two variables are negatively related, they will always be represented by:

10. Multiple Choice: If two variables are negatively related:

Question If two variables are negatively related:

11. Multiple Choice: If two variables are positively related:

Question If two variables are positively related:

12. Multiple Choice: The relation between two variables th...

Question The relation between two variables that move in the same direction is said to be:

Answer independent.

Points: 0

13. Multiple Choice: The relationship between two variable…

Question The relationship between two variables that move in opposite directions is said to

be:

Answer independent.

14. Multiple Choice: On a graph representing two variables:

Question On a graph representing two variables:

15. Multiple Choice: Figure: Cold Drinks Sold and Temperat...

Question

Points: 0

Figure: Cold Drinks Sold and Temperature

Reference: Ref 2-1

(Figure: Cold Drinks Sold and Temperature) Look at the figure Cold Drinks Sold and

Temperature. If we move from point C to point E in the figure, the outside

temperature has ________ and the number of cold drinks sold has ________.

16. Multiple Choice: Figure: Cold Drinks Sold and Temperat...

Question

Points: 0

Figure: Cold Drinks Sold and Temperature

Reference: Ref 2-1

(Figure: Cold Drinks Sold and Temperature) Look at the figure Cold Drinks Sold and

Temperature. If we move from point B to point C in the figure, the outside

temperature has ________ and the number of cold drinks sold has ________.

Answer decreased by 30 degrees; decreased by 30 drinks

17. Multiple Choice: Figure: Cold Drinks Sold and Temperat...

Question

Points: 0

Figure: Cold Drinks Sold and Temperature

Reference: Ref 2-1

(Figure: Cold Drinks Sold and Temperature) Look at the figure Cold Drinks Sold and

Temperature. If we move from point C to point D in the figure, the outside

temperature has ________ and the number of cold drinks sold has ________.

Answer decreased by 30 degrees; decreased by 30 drinks

18. Multiple Choice: Figure: Hot Drinks Sold and Temperatu…

Question

Points: 0

Figure: Hot Drinks Sold and Temperature

Reference: Ref 2-2

(Figure: Hot Drinks Sold and Temperature) Look at the figure Hot Drinks Sold and

Temperature. If we move from point K to point L in the figure, the outside

temperature has ________ and the number of hot drinks sold has ________.

Answer decreased by 30 degrees; increased by 30 drinks

19. Multiple Choice: Figure: Hot Drinks Sold and Temperatu…

Question

Points: 0

Figure: Hot Drinks Sold and Temperature

Reference: Ref 2-2

(Figure: Hot Drinks Sold and Temperature) Look at the figure Hot Drinks Sold and

Temperature. If we move from point J to point L in the figure, the outside

temperature has ________ and the number of hot drinks sold has ________.

20. Multiple Choice: Figure: Hot Drinks Sold and Temperatu…

Question

Points: 0

Figure: Hot Drinks Sold and Temperature

Reference: Ref 2-2

(Figure: Hot Drinks Sold and Temperature) Look at the figure Hot Drinks Sold and

Temperature. If we move from point L to point M in the figure, the outside

temperature has ________ and the number of hot drinks sold has ________.

21. Multiple Choice: Figure: Good X and Good Y Reference: …

Question

Points: 0

Figure: Good X and Good Y

Reference: Ref 2-3

(Figure: Good X and Good Y) Look at the figure Good X and Good Y. If we move

from point B to point C in the figure, the x-variable has ________ and the y-variable

has ________.

22. Multiple Choice: Figure: Good X and Good Y Reference: …

Question Figure: Good X and Good Y

Reference: Ref 2-3

(Figure: Good X and Good Y) Look at the figure Good X and Good Y. If we move

from point C to point B in the figure, the x-variable has ________ and the y-variable

has ________.

Points: 0

23. Multiple Choice: When graphing a curve, the vertical i...

Question When graphing a curve, the vertical intercept is:

24. Multiple Choice: Reference: Ref 2-4 (Table: Hours Stu…

Question

Reference: Ref 2-4

(Table: Hours Studied and Quiz Score) Look at the table Hours Studied and Quiz

Score. The table shows data for students in an economics class. If we were to

graph these data and draw a line through the points, we would choose ________ to

be the independent variable; the vertical intercept of our line would be ________;

and the slope of our line would be ________.

Answer Quiz score; y = 2; –2

Points: 0

25. Multiple Choice: Figure: Demand and Supply of Shirts R...

Question Figure: Demand and Supply of Shirts

Reference: Ref 2-5

(Figure: Demand and Supply of Shirts) Look at the figure Demand and Supply of

Shirts. In the graph, if the line labeled D is a demand curve for shirts showing how

many shirts per week will be demanded at various prices, then it is clear that as

the price of shirts falls:

Answer fewer shirts will be demanded.

26. Multiple Choice: Figure: Demand and Supply of Shirts R...

Question

Points: 0

Figure: Demand and Supply of Shirts

Reference: Ref 2-5

(Figure: Demand and Supply of Shirts) Look at the figure Demand and Supply of

Shirts. If the line labeled S is the supply curve for shirts that shows how many

shirts per week will be offered for sale at various prices, then it is clear that for

supply, quantity and price are:

Answer the same.

27. Multiple Choice: Table: Wages and Hours Willing to Wor…

Question Table: Wages and Hours Willing to Work

Reference: Ref 2-6

(Table: Wages and Hours Willing to Work) Look at the table Wages and Hours

Willing to Work, which shows data on wage per hour and the number of hours

someone is willing to work. Which variable would economists put on the vertical

axis?

Answer Either variable

Points: 0

28. Multiple Choice: Table: Wages and Hours Willing to Wor…

Question Table: Wages and Hours Willing to Work

Reference: Ref 2-6

(Table: Wages and Hours Willing to Work) Look at the table Wages and Hours

Willing to Work. If graphed, the relationship between wage per hour and hours

willing to work is:

Answer linear.

29. Multiple Choice: Figure: Illustrating Slope Reference:...

Question Figure: Illustrating Slope

Reference: Ref 2-7

(Figure: Illustrating Slope) Look at the figure Illustrating Slope. In the graph, line 1

depicts X and Y to be:

Answer positively related.

Points: 0

30. Multiple Choice: Figure: Illustrating Slope Reference:...

Question Figure: Illustrating Slope

Reference: Ref 2-7

(Figure: Illustrating Slope) Look at the figure Illustrating Slope. In the graph, line 3

depicts X and Y to be:

both constants.

31. Multiple Choice: Figure: Demand and Supply Reference: ...

Question

Points: 0

Figure: Demand and Supply

Reference: Ref 2-8

(Figure: Demand and Supply) Look at the figure Demand and Supply. The curve

labeled D indicates that a price of $2 is related to a quantity of:

Answer 0.

32. Multiple Choice: Figure: Demand and Supply Reference: ...

Question

Points: 0

Figure: Demand and Supply

Reference: Ref 2-8

(Figure: Demand and Supply) Look at the figure Demand and Supply. The curve

labeled S indicates that a price of $2 is related to a quantity of:

Answer 0.

33. Multiple Choice: Figure: Slope Reference: Ref 2-9 (Fig...

Question Figure: Slope

Reference: Ref 2-9

(Figure: Slope) Look at the figure Slope. This graph depicts ________ relation

between X and Y.

Points: 0

Answer a positive

34. Multiple Choice: Reference: Ref 2-10 (Table: Wages an...

Question

Reference: Ref 2-10

(Table: Wages and Hours Worked) Look at the table Wages and Hours Worked.

Graphing the relation with wages on the vertical axis and hours worked on the

horizontal axis, the slope between point D and point E is:

Answer 0.5.

35. Multiple Choice: Reference: Ref 2-10 (Table: Wages an...

Question

Points: 0