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Questions and Answers
The function ______ represents the quantity demanded of a good depending on the market price.
The function ______ represents the quantity demanded of a good depending on the market price.
Q
In a linear cost function, the total cost is the sum of ______ cost and total fixed cost.
In a linear cost function, the total cost is the sum of ______ cost and total fixed cost.
variable
The consumption function of income Y is represented by the equation ______ = f(Y).
The consumption function of income Y is represented by the equation ______ = f(Y).
C
The equation y = 2x + 3 is in ______ form.
The equation y = 2x + 3 is in ______ form.
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In economics, the study of individual economic units such as households and firms is known as ______.
In economics, the study of individual economic units such as households and firms is known as ______.
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The saving function of income Y is represented by the equation ______ = g(Y).
The saving function of income Y is represented by the equation ______ = g(Y).
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The point-slope form of a linear equation is given by y - y1 = ______(x - x1).
The point-slope form of a linear equation is given by y - y1 = ______(x - x1).
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In a graph of a linear equation, the y-intercept represents the ______ value.
In a graph of a linear equation, the y-intercept represents the ______ value.
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The function g(x) = -3x + 10 is a ______ function.
The function g(x) = -3x + 10 is a ______ function.
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The macroeconomic economy is divided into ______ sectors - households and firms.
The macroeconomic economy is divided into ______ sectors - households and firms.
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