If the change in the y-axis variable is 6 and the change in the x-axis variable is 5, the slope of this line is 6/5

Indicate whether the statement is true or false

TRUE

Economics

You might also like to view...

Cyclical deficit (surplus)

What will be an ideal response?

Economics

Profits and losses play an important role in helping

a. to signal to government which businesses are suffering losses so that they can be subsidized. b. consumers decide which products they value the most by looking at each firm's profit. c. to allocate scarce resources in a manner that maximizes the value created to society. d. ensure that the total profits in the economy exactly equal the total losses.

Economics