A curve shows that every time family income increases by $1, spending increases by $.75. This curve would
A)have a negative slope with decreasing absolute value.
B)have a positive slope with increasing absolute value.
C)have a negative slope with increasing absolute value.
D)have a positive slope with decreasing absolute value.
E)be a straight line with a positive slope.

Question

Quizplus · Accepted Answer

The Answer of A curve shows that every time family income increases by $1, spending increases by $.75. This curve would
A)have a negative slope with decreasing absolute value.
B)have a positive slope with increasing absolute value.
C)have a negative slope with increasing absolute value.
D)have a positive slope with decreasing absolute value.
E)be a straight line with a positive slope.

A Curve Shows That Every Time Family Income Increases by $1