Assignment Beco

Name Tabish Jawaid Chart 1 X Y 1 5 2 10 3 15 4 20 5 25

Chart 2 X Y 1 25 2 20 3 15 4 10 5 5

Student ID 12946 Chart 3 X Y 0 0 10 10 20 20 30 30 40 40

Chart 4 X Y 0 40 10 30 20 20 30 10 40 0

Chart 5 X Y 0 0 10 10 20 20 30 10 40 0

Chart 6 X Y 0.1 100 0.2 75 0.3 50 0.4 25 0.5 0

Slope Chart 1 Slope Chart 2 Slope Chart 3 Slope Chart 4 Slope Chart 5 Slope Chart 6 Independent X2-X1 10-5 Dependent Y2-Y1 2-1 Slope 0.2

a) P=10-2qD qD 1 2 3 4 5 Slope is

P 8 6 4 2 0 -2

b) P=100-4qD qD 1 2

P 96 92

X2-X1 20-25 Y2-Y1 2-1

X2-X1 10-0 Y2-Y1 10-0

X2-X1 30-40 Y2-Y1 10-0

X2-X1 10-0 Y2-Y1 10-0

X2-X1 0.2-0.1 Y2-Y1 75-100

Slope -0.2

Slope 1

Slope -1

Slope (1,-1)

Slope -0.004

3 4 5 Slope is

88 84 80 -4

c) P=50+6qS qS 1 2 3 4 5 Slope is

P 56 62 68 74 80 6

d) r=(10000-I)/500 I 0 500 1000 1500 2000 Slope is

r 20 19 18 17 16 -0.002

AXIOM Sign of the slope is irrespective of where the independent & dependent variables are placed so the direction of slope will primarily depend on the shape of the curve. FIGURE 1(a) As the price of apple is reducing the quantity consumed is increasing & so the relationship is negative, consiquently making the slope negative.

FIGURE 1(b) As the income increases tax paid also increases but a decreasing rate causing the rate to be positive. FIGURE 1(c) As the interest charged on mortgage decreases it will stimulate greater demand for mortgage loans at an increasing rate presenting inverse relationship, consiquently the slope is negative. FIGURE 1(d) As the age increases the fastest time improves leavins slope to become negative however as the age exceeds a certain level the fastest time increases making the slope positive. FIGURE 1(e) As the days of sunshine increases the yield per acre also increases making the relationship positive. FIGURE 1(f) The left half of the parabola has positive slope & increasing rate whereas the right half of the parabola has negative slope & increasing at an increasing rate & the slope is infinity at the peak.