Question: Economists work with diagrams. 1. Explain what it means for two variables to be directly related, inversely related, or independent. 2. Explain what the slope
Economists work with diagrams.
1. Explain what it means for two variables to be directly related, inversely related, or independent.
2. Explain what the slope of a line is used to show.
3. Compare the slope of a straight line with the slope of a curve.
4. List some of the types of charts and graphs that economists use.
1. Explain what it means for two variables to be directly related, inversely related, or independent.
2. Explain what the slope of a line is used to show.
3. Compare the slope of a straight line with the slope of a curve.
4. List some of the types of charts and graphs that economists use.
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