Unformatted text preview: Math Review The following problems are intended to provide a review of math and graphs concepts It
is essential that you feel comfortable with all the concepts below, as they will appear
repeatedly throughout the semester 1. Draw a curve in X Y space that has a positive slope. Give an example of 2 economic P variables that might be positively related Yk ' l/ P $ @306
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2. Draw a curve in XY space that has a negative slope. Give an example of 2 economic 0‘
variables that might be negatively related. \/ ' l a a 00‘
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3. Draw a curve in X— Y space where Y IS unaffected by X. Give an example of 2 (Li)
( economic variables that have no relationship. “P f ‘ LQ 04' a 030
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L For questions 4 and 5 below use the following information. Q: 3—6P and Q=P l2
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4 SolveforQandP 369‘ P \fi , .1 x : [email protected];l
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5. Graph both equations on the same graph. Put P on the vertical axis (Y axis) and Q on the horizontal axis (X axis). Label the numbers where these two graphs intersect and
label the vertical intercepts. Q 36 H ’ P 1P:§b 02
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 Spring '10
 BRIANALLENHUNT

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