Both income and essential spending are measured in, Ask an Expert

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Both income and essential spending are measured in thousands of dollars amazingly these data when plotted on a graph with income on the horizontal x axis line up perfectly on a straight line. What is the slope? The slope is .6

Adams 10 20

B 30 32

Cooper 60 50

Diega 100 74

Enzo 250 164

According to the data from the previous question, we would expect an additional $1 of income to lead to an additional ___________ cents in essential spending.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91958080

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