State whether each of the following functions specifies a direct or an inverse relationship.

a. y = 5x

b. y = 10 - 2x

c. y = 3 + x

d. y = −3x

Short Answer

Expert verified

(a) Direct Relationship

(b) Inverse Relationship

(c) Direct Relationship

(d) Inverse Relationship

Step by step solution

01

Step 1. Direct and Inverse Relationship

A direct relationship means there is a positive relationship between two variables meaning an increase in one will increase the other and vice versa.

An inverse relationship means there is a negative relationship between two variables meaning an increase in one will decrease the other and vice versa.

02

Part (a) y=5x.

The function shows a direct relationship between the two variables as the value of one variable xincreases the value of yalso increases. It is shown using an example,

x=1y=5×1y=5x=3y=5×3y=15

03

Part (b) y=10-2x.

The function shows an inverse relationship between the two variables as the value of one variable xincreases the value of yalso decreases. It is shown using an example,

x=1y=10-2×1y=10-2y=8x=3y=10-2×3y=10-6y=4

04

Part (c) y=3+x

The function shows a direct relationship between the two variables as the value of one variable xincreases the value of yalso increases. It is shown using an example,

x=1y=3+1y=4x=3y=3+3y=6

05

Part (d) y=-3x

The function shows an inverse relationship between the two variables as the value of one variable xincreases the value of yalso decreases. It is shown using an example,

x=1y=-3×1y=-3x=y=-3×3y=-9

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Why might the rationality assumption explain why even a chicken farmer who has absolutely no humanitarian concern for chickens might seek to maintain very comfortable conditions for the birds?

Discuss the difference between microeconomics and macroeconomics.

Based on your answer to Problems 1–12, categorize each of the following conclusions as being the result of positive analysis or normative analysis.

(a) A higher minimum wage will reduce employment opportunities for minimum wage workers.

(b) Increasing the earnings of minimum wage employees is desirable, and raising the minimum wage is the best way to accomplish this.

(c) Everyone should enjoy open access to health care at no explicit charge.

(d) Heath care subsidies will increase the consumption of health care.

In a single sentence, contrast microeconomics and macroeconomics. Next, categorize each of the following issues as either a microeconomic issue, a macroeconomic issue, or not an economic issue.

(a) The national unemployment rate.

(b) The decision of a worker to work overtime or not.

(c) A family’s choice to have a baby.

(d) The rate of growth of the money supply.

(e) The national government’s budget deficit.

(f) A student’s allocation of study time across two subjects.

Consider the following statements, based on a positive economic analysis that assumes that all other things remain constant. For each, list one other thing that might change and thus offset the outcome stated.

(a) Increased demand for laptop computers will drive up their price.

(b) Falling gasoline prices will result in additional vacation travel.

(c) A reduction of income tax rates will result in more people working.

See all solutions

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free