________ have a horizontal and a vertical axis and are used in economics to illustrate relationships between two economic variables
A) One-dimensional graphs B) Two-dimensional graphs
C) Bar graphs D) Pie Charts
B
Economics
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If a yet-to-be released video game receives a positive review in a popular gaming magazine,
A) the demand curve is expected to shift to the right. B) the demand curve is expected to shift to the left. C) the demand curve is not expected to change. D) for those who read the review, demand shifts to the left. For those who don't read the review, demand shifts to the right.
Economics
Remember the fish market? On the market day, the supply curve is ____________ but over the long run the supply curve is quite __________
a. income inelastic; elastic b. elastic; inelastic c. inelastic; elastic d. fixed; variable e. variable; fixed
Economics