If the slope of a linear function changes with no change in the Y-intercept
a. the graph shifts either up or down in a parallel way.
b. the graph remains unchanged.
c. the graph rotates about its X-intercept.
d. the graph rotates about its Y-intercept.
d
You might also like to view...
Suppose the demand curve for a product is represented by a typical downward-sloping curve. Now suppose the demand for this product increases. Which of the following statements accurately predicts the resulting increase in price?
A) The more elastic the supply curve, the greater the price increase. B) The increase in price is not affected by the elasticity of the supply curve. C) The more elastic the supply curve, the smaller the price increase. D) There will be no increase in price if the supply curve is perfectly inelastic.
Assume a farmer has the ability to produce corn and/or beans. Whenever the farmer spends 1 hour less producing corn and 1 hour more producing beans, he reduces his output of corn by 2 bushels and raises his output of beans by 3 bushels. In view of these assumptions, the farmer's production possibilities frontier is bowed out
a. True b. False Indicate whether the statement is true or false