In the Above Diagram Variables X and Y Are

question 46

Multiple Choice

In the above diagram variables x and y are:

• A)both dependent variables.
• B)directly related.
• C)inversely related.
• D)unrelated.

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Definitions:

Fewer Downloads

A situation indicating a decrease in the number of times digital content is downloaded by users, possibly reflecting changes in preference or accessibility.

Inferior Good

A type of good for which demand decreases as the income of the consumers increases, opposed to a normal good where demand increases with rising income.

Frozen Pizzas

Pre-made pizzas that are sold frozen to consumers, who then bake or heat them at home. They are a convenient, quick meal option that varies in quality and ingredients.

Substitutes

Goods or services that can be used in place of each other, where the increase in the price of one leads to an increase in the demand for another.