"If you hire 1 worker, the worker can produce 20 pizzas a day. If you hire a 2nd worker, that worker can produce 10 more pizzas. If you hire a 3rd worker, that worker can produce 2 more pizzas a day"

A graph displaying this relationship between the number of employees and total pizza output per day would show A) a positive linear relationship.
B) an upward-sloping curve that becomes less steep.
C) a negative linear relationship.
D) a negatively-sloped curve that becomes less steep.

B

Economics

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Refer to Figure 19-12. The graph above, depicts supply and demand for U.S. dollars during a trading day. At a fixed exchange rate of 0.30 pounds per dollar, the dollar is ________ versus the pound

A ________ of the dollar would correct the fundamental disequilibrium that exists in this market. A) overvalued; revaluation B) overvalued; devaluation C) undervalued; devaluation D) undervalued; revaluation

Economics

China's current rate of GDP growth is quite rapid. Its current growth rate is probably three times that of the United States. However, the levels of pollution are much higher in China

Would you consider China to be better off than the United States given this information? Why or why not?

Economics