An inverse relationship will be graphed as
A) a line that is upward sloping.
B) a line that is downward sloping.
C) a loop.
D) a U-shaped curve.
B
You might also like to view...
A diagram of a productivity curve has
A) real GDP per hour of labor on the y-axis and hours of labor on the x-axis. B) capital per hour of labor on the y-axis and real GDP per hour of labor on the x-axis. C) real wages per hour on the y-axis and real GDP per hour of labor on the x-axis. D) real GDP per hour of labor on the y-axis and real wages per hour on the x-axis. E) real GDP per hour of labor on the y-axis and capital per hour of labor on the x-axis.
Even if there are significant barriers to entry, firms may not be highly profitable
a. Substitute product offerings among rivals b. The ability of consumers to switch to substitute products easily c. All of the above d. None of the above