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6) Draw graphs of the following relationships (Hint: first decide which variable is dependent/Independent, then consider the relationship between the variables) (a) Lecture time and
6) Draw graphs of the following relationships (Hint: first decide which variable is dependent/Independent, then consider the relationship between the variables)
(a) Lecture time and attention span, all else equal
(b) A firm's costs and profits, all else equal
(c) Economic output (production) and the level of capital, all else equal
(d) The long-term cost of gasoline and the number of Sports Utility Vehicles (SUVS) on the road
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