If There Is a Direct Relationship Between Two Variables

question 413

Multiple Choice

If there is a direct relationship between two variables

• A) the graph of the relationship will be upward-sloping.
• B) the graph of the relationship will be downward-sloping.
• C) the slope of the line (or the slope of a tangent line to the curve) will be negative.
• D) Both answers A and C are correct.

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Definitions:

Inventory Costs

Expenses associated with storing and managing goods that a company holds in stock.

Peak Seasons

Periods of the year when demand for a product or service is significantly higher than usual.

Off Season

A period of time during which there is less demand for certain goods or services, often due to seasonal factors.

Predictable Variability

The expected or forecasted fluctuation in demand, supply, or other business variables that can be anticipated and planned for.