The above figure depicts a
A) positive non-linear relationship between age and the number of hamburgers purchased per year.
B) negative non-linear relationship between age and the number of hamburgers purchased per year.
C) positive linear relationship between age and the number of hamburgers purchased per year.
D) negative linear relationship between age and the number of hamburgers purchased per year.
D
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If a customer values good A at $15, and it costs the firm $10 to produce, current profit per unit is
a. $10 b. $8 c. $5 d. $1
When mortgage loans are securitized, they are
A) bundled together by financial institutions and sold to investors. B) issued to borrowers with flawed credit histories. C) issued to borrowers who fail to document their income. D) guaranteed by the federal government.