Which of the following is an example of an inverse relationship?
A) hours of study and test grade
B) calories eliminated from diet and weight loss
C) beers consumed while studying and test grade
D) amount of snowfall and profits of ski resorts
C
Economics
You might also like to view...
Entrepreneurs who earn arbitrage profit are able to do so by extracting the total consumer surplus from buyers
Indicate whether the statement is true or false
Economics
Assume Ajax Company employs 100 workers and total revenue is $400,000 per week. When Ajax Company employs 101 workers, total revenue is $405,000 . The marginal revenue product of the 101st worker is:
a. $40,000. b. $5,000. c. $405,000. d. none of these.
Economics