The following equation represents a relationship between household consumption expenditure, c and income, y: c= 120+0.65y explain what the figure 120 stands for in the consumption income relationship, and the type of
relationship

Astudent who takes a multiple-choice test by reading the stem of each item, generating the correct response before looking at the choices, and then chooses the response closes to the answer is using a.a heuristic b.an algorithm c.vicarious problem-solving d.means-end analysis

During adolescence, most people develop a greater sense of independence a. true b. false

What will happen to a firms profit maximizing quantity in the short run if there is a significant increase in rent