Solutions to Chapter 1 Appendix The relationship is negative because as price decreases, the quantity of pies purchased 1A.1 a. increases. b. c. The slope = = rise/run = 1/1 = ∆y/∆x –1. 1A. 2
Solutions to Chapter 1 Appendix 1A.1 a. The relationship is negative because as price decreases, the quantity of pies purchased increases. b. c. The slope = ∆y/∆x = rise/run = 1/1 = –1. 1A. 2
Ch01_solutions.docx