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Chapter 1: Q 5 (page 26)

Given the function y=5x, complete the following schedule and plot the curve.

y
x

-4

-2

0

2

4

Short Answer

Expert verified

The completed schedule is,

y
x
-20-4
-10-2
00
102
204

The curve for the schedule is,

Step by step solution

01

Step 1. Given Information.

The schedule was given as follows for the functiony=5x,

y
x

-4

-2

0

2

4
02

Step 2. Completed Schedule

The functions is y=5xand the completed schedule is as follows,

y
x
y=5(-4)
=-20		-4
y=5(-2)
=-10		-2
y=5(0)
=0
0
y=5(2)
=10		2
y=5(4)
=20		4
03

Step 3. The curve

The curve for the function y=5xis,

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Most popular questions from this chapter

Under what circumstances might people appear to use rules of thumb, as suggested by the assumption of bounded rationality, even though they really were behaving in a manner suggested by the rationality assumption?

Why does the assumption of bounded rationality suggest that people might use rules of thumb to guide their decision-making instead of considering every possible choice available to them?

Given the function y=8-2x, complete the following schedule and plot the curve.

y
x

-4

-2

0

2

4

Review Figure, and then state whether each of the following paired observations is on, above, or below the x-axis and on, to the left of, or to the right of the y axis.

a. (-10, 4)

b. (20, -2)

c. (10, 0)

Under the rationality assumption, could a woman potentially take into account her family's welfare as well as her own when considering having another child? Explain your reasoning.
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