Econ 1 - Chapter 1 & 2 Exercises Graphing 1. Assume...

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Exercises Graphing 1. Assume that the following table gives the average number of tickets that would be sold per showing if a movie theater charged the various prices listed below. Price per Movie Average Number of Tickets Sold $2 1650 3 1350 4 1050 5 750 6 450 7 150 8 50 9 0 The grid in Figure 1.4 will be used to graph the above information. Answer questions a through c based on this information. Figure 1.4
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a. Plot the various price-average numbers of tickets sold combinations on the graph. b. Connect the plotted points to form a line. c. Does the line on the graph indicate a direct or inverse relationship between the variables? Why? 2. On each of the following graphs in figure 1.5, draw a line to illustrate the relationship between the variables given in examples a through d below. Be sure to label the axes for each graph. State direct or inverse relationship. a. Show the relationship between pounds overweight and exercise. b.
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This note was uploaded on 09/12/2011 for the course ECON-2203- ECON-2203- taught by Professor Orosco,glenda during the Spring '09 term at Oklahoma State.

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Econ 1 - Chapter 1 & 2 Exercises Graphing 1. Assume...

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