When Graphed,a Significant Interaction Effect Produces Two or More Lines

question 10

Multiple Choice

When graphed,a significant interaction effect produces two or more lines that

• A)slant upward from left to right.
• B)slant downward from left to right.
• C)are not parallel.
• D)have either U shapes or inverted U shapes.

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Definitions:

Indifference Curve

A graphical representation showing different combinations of two goods that give a consumer equal satisfaction and utility.

Marginal Utility

The additional satisfaction or usefulness gained from consuming one more unit of a good or service.

Positive Slopes

Characteristics of a line or curve on a graph indicating that values of the variable on the y-axis increase as the values of the variable on the x-axis increase.

Equilibrium

The state in which market supply and demand balance each other, resulting in stable prices.