-Using the Data in the Above Table, If Income Is

question 141

Multiple Choice

$$\begin{array} { | c | c | } \hline \begin{array} { l } \text { Income } \\\text { (dollars per } \\\text { month) }\end{array} & \begin{array} { c } \text { Amount spent on } \\\text { restaurant meals } \\\text { (dollars per month) }\end{array} \\\hline 50 & 20 \\\hline 100 & 40 \\\hline 150 & 60 \\\hline 200 & 80 \\\hline\end{array}$$
-Using the data in the above table, if income is on the x-axis and the amount spent on restaurant meals is on the y-axis, the graph of the two variables would be

• A) horizontal.
• B) vertical.
• C) upward sloping.
• D) downward sloping.

Calculate unit prices and understand their significance in consumer decisions.

Understand the criteria and purposes of class-action lawsuits.

Recognize the purposes of service contracts and their benefits to consumers.

Know the roles of consumer protection agencies, such as the Better Business Bureau.

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Definitions:

Renewable Resources

Natural resources that can be replenished or regenerated over time, such as solar energy, wind power, and forestry products.

Industrial Revolution

A period of major industrialization from the late 18th to the early 19th century that transformed mainly agrarian, rural societies in Europe and America into industrial and urban.

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a person, community, or country.

Environmental Performance Index

A quantitative measure that evaluates and ranks the environmental performance of a country's policies across a range of issues.