Tools of economic analysis

Question 1 of 9

A function showing the relationship between price and quantity demanded is the

Question 2 of 9

The median of 3, 5, 7, 9, 11 is

Question 3 of 9

Which is a positive economic statement?

Question 4 of 9

In a table, the price is GH¢4 and quantity is 10 units. Total revenue is

Question 5 of 9

Ceteris paribus means

Question 6 of 9

The arithmetic mean of 4, 8, 12 and 16 is

Question 7 of 9

A positive relationship between two variables means

Question 8 of 9

A normative statement in economics is one that

Question 9 of 9

A graph showing data as bars of equal width is a