Exhibit 2A-3
-In Exhibit 2A-3, the curve shows
A)a constant relationship.
B)a direct relationship.
C)a straight-line relationship.
D)an inverse relationship.
E)normative economics.

Question

Exhibit 2A-3 
-In Exhibit 2A-3, the curve shows
A)a constant relationship. 
B)a direct relationship. 
C)a straight-line relationship. 
D)an inverse relationship. 
E)normative economics.

Quizplus · Accepted Answer

The curve in Exhibit 2A-3 shows an inverse relationship, as the curve slopes downwards from left to right. As the quantity of one variable increases, the quantity of the other variable decreases, showing an inverse relationship. It is not a constant, direct, or straight-line relationship. Normative economics is not related to this exhibit.

Exhibit 2A-3 -In Exhibit 2A-3, the Curve Shows