ECON 1000 Lecture 1: Ch1-App.pdf

• School: York University
• Department: Economics
• Course: ECON 1000
• Professor: Sadia Mariam Malik

Document Summary

If this is you at the beginning of the term. Then you need to see this guy math course/review. A two-variable graph uses two perpendicular scale lines. The zero point in common to both axes is the origin. To plot a point 6,194 m above sea level at 10 degrees, we need the x-value and the y- value of the point. Point c plot a point 6,194 m above sea level when the temperature is 10 degrees c. Economists measure variables that describe what, how, and for whom goods and services are produced. Figure a1. 2 shows two examples of economic graphs. Figure a1. 2(a) is a graph about itunes song downloads in january 2010. Point a tells us what the quantity and price were. You can read this graph as telling you that in january. 8. 3 million songs a day were downloaded at a price of 99 per song.