For the Jones household it has been estimated that for every ten degrees increase in the outdoor temperature the consumption of ice tea increases by 5 glasses

What type of relationship exists between temperature change and the consumption of ice tea? A) negative relationship
B) positive relationship
C) no relationship
D) maximum relationship

B

Economics

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The median voter model implies that

A) people in the political middle will be dissatisfied with the amount of spending on government funded projects. B) spending on government funded projects reflects the preferences of only those far away from the median. C) many people will be satisfied with the amount of spending on government funded projects. D) many people will be dissatisfied with the amount of spending on government funded projects.

Economics

Depletion of tropical rainforests is an example of

a. a negative externality b. the use of variable technology c. adverse selection d. the use of fixed technology e. a clearly defined property right

Economics