Economics Practice Exam
Economics Practice Exam
The rate of change is constant in each table. Find the rate of change. Explain what the
rate of change means for the situation.
____ 1. The table shows the cost of a ski rental package for a given number of people.
People Cost ($)
4 160
5 200
6 240
7 280
a.
dollars per person; the cost is $1 for 280 people.
b.
dollars per person; the cost is $160 for each person.
c.
dollars per room; the cost is $40 for each person.
d.
dollars per person; the cost is $40 for each person.
____ 2. The table shows the number of miles driven over time.
Time (hours) Distance (miles)
4 204
6 306
8 408
10 510
a.
; Your car travels 51 miles every 1 hour.
? ? ? ? ? 1 2 3 4 5 x
?
a. 1 b. 1 c. −2 d. 2
−
2 2
y
____ 4.
5
? ? ? ? ? 1 2 3 4 5 x
?
a. 3 b. 4 c. 3 d. 4
− –
4 3 4 3
y
____ 5.
5
? ? ? ? ? 1 2 3 4 5 x
?
?
a. −4 b. 1 c. 1 d. 4
−
4 4
What is the slope of the line that passes through the pair of points?
5 9
____ 8. (− , −1), (−2, )
3 2
a. 2 b. 2 c. 33 d. 33
− −
33 33 2 2
y
____ 9.
5
? ? ? ? ? 1 2 3 4 5 x
?
a. undefined b. 0
y
____ 10.
5
? ? ? ? ? 1 2 3 4 5 x
?
a. 0 b. undefined
Does the equation represent a direct variation? If so, find the constant of variation.
____ 11.
a. no b. 5 c. 5 d. 3
yes; k = − yes; k = yes; k = −
3 3 5
____ 12.
a. yes; k = −4 b. no c. 1 d. 1
yes; k = yes; k = −
2 2
____ 13.
a. no b. 1 c. yes; k = 2 d. 1
yes; k = yes; k = −
2 2
____ 14. Suppose y varies directly with x, and y = 10 when x = –3. What direct variation equation
relates x and y? What is the value of y when x = –1?
a. 3 3 c. 10 10
y = − x; y= x; −
10 10 3 3
b. 1 3 d. 10 10
y= x; − y= − x;
10 10 3 3
____ 15. Suppose y varies directly with x, and y = 8 when x = –6. What direct variation equation relates
x and y? What is the value of y when x = –2?
a. y = –0.75x; 1.50 c. y = 1.33x; –2.67
b. y = –1.33x; 2.67 d. y = 0.13x; –0.25
19 4
____ 16. Suppose y varies directly with x, and y = when x = . What direct variation equation
3 5
7
relates x and y? What is the value of y when x = − ?
6
a. 12 14 c. 12 14
y= − x; y= x; −
95 95 95 95
b. 95 665 d. 95 665
y= x; − y= − x;
12 72 12 72
____ 17. An enclosed gas exerts a pressure P on the walls of a container. This pressure is directly
proportional to the temperature T of the gas, measured in Kelvin. If the pressure is 7 lb per
square inch when the temperature is 420ºK, find the constant of variation and draw the graph
of the equation.
a. 49 c.
y
200
y
180 10
160 9
140 8
temperature (K)
120 7
100 6
80 5
60 4
40 3
20 2
1
1 2 3 4 5 6 7 8 9 x
pressure (lb/sq in.)
10 20 30 40 50 60 70 80 90 x
temperature (K)
b. d. 45
y
10 y
200
9
180
8
160
pressure (lb/sq in.)
7
temperature (K)
140
6
120
5
100
4
80
3
60
2
40
1
20
10 20 30 40 50 60 70 80 90 x
1 2 3 4 5 6 7 8 9 x
temperature (K)
pressure (lb/sq in.)
____ 18. The number of sofas a factory produces varies directly with the number of hours the
machinery is operational. Suppose the factory can produce 455 sofas in 48 hours. What is an
equation that relates the number of sofas produced, n, with the amount of time, t, in hours?
What is the graph of your equation?
a. c.
n t
210 210
180 180
150 150
number of sofas
number of sofas
120 120
90 90
60 60
30 30
10 20 30 40 50 60 70 t 10 20 30 40 50 60 70 n
time (h) time (h)
b. d.
n t
210 210
180 180
150 150
number of sofas
number of sofas
120 120
90 90
60 60
30 30
10 20 30 40 50 60 70 t 10 20 30 40 50 60 70 n
time (h) time (h)
____ 19. The grade a student makes on a test varies directly with the amount of time the student spends
studying. Suppose a student spends 5.5 hours studying and makes a grade of 76% on the test.
What is an equation that relates the grade earned on a test, g, with the amount of time spent
studying, t, in hours? What is the graph of your equation?
a. c.
t g
100 10
90 9
80 8
70 7
60 6
grade
grade
50 5
40 4
30 3
20 2
10 1
1 2 3 4 5 6 7 8 9 g 1 2 3 4 5 6 7 8 9 t
time (h) time (h)
b. d.
t g
100 100
90 90
80 80
70 70
60 60
grade
grade
50 50
40 40
30 30
20 20
10 10
1 2 3 4 5 6 7 8 9 g 1 2 3 4 5 6 7 8 9 t
time (h) time (h)
For the data in the table, does y vary directly with x? If it does, write an equation for the
direct variation.
____ 20.
x y
8 11
16 22
24 33
a. yes; y = 2x c. yes; y = 8x
b. yes; y = 4x d. no; y does not vary directly with x
____ 22. y = –2
a. y c. y
5 5
4 4
3 3
2 2
1 1
? ? ? ? ? 1 2 3 4 5 x ? ? ? ? ? 1 2 3 4 5 x
? ?
? ?
? ?
? ?
? ?
b. y d. y
5 5
4 4
3 3
2 2
1 1
? ? ? ? ? 1 2 3 4 5 x ? ? ? ? ? 1 2 3 4 5 x
? ?
? ?
? ?
? ?
? ?
____ 23. x = 1
a. y c. y
5 5
4 4
3 3
2 2
1 1
? ? ? ? ? 1 2 3 4 5 x ? ? ? ? ? 1 2 3 4 5 x
? ?
? ?
? ?
? ?
? ?
b. y d. y
5 5
4 4
3 3
2 2
1 1
? ? ? ? ? 1 2 3 4 5 x ? ? ? ? ? 1 2 3 4 5 x
? ?
? ?
? ?
? ?
? ?
____ 24. Below are the graphs of and . How are the graphs related?
y y
14 14
12 12
10 10
8 8
6 6
4 4
2 2
?0 ? ? ? ? 2 4 6 8 10 x ?0 ? ? ? ? 2 4 6 8 10 x
? ?
? ?
? ?
10 10
8 8
6 6
4 4
2 2
?0 ? ? ? ? 2 4 6 8 10 x ?0 ? ? ? ? 2 4 6 8 10 x
? ?
? ?
? ?
? ?
?0 ?0
b. y d. y
10 10
8 8
6 6
4 4
2 2
?0 ? ? ? ? 2 4 6 8 10 x ?0 ? ? ? ? 2 4 6 8 10 x
? ?
? ?
? ?
? ?
?0 ?0
10 10
8 8
6 6
4 4
2 2
?0 ? ? ? ? 2 4 6 8 10 x ?0 ? ? ? ? 2 4 6 8 10 x
? ?
? ?
? ?
? ?
?0 ?0
b. y d. y
10 10
8 8
6 6
4 4
2 2
?0 ? ? ? ? 2 4 6 8 10 x ?0 ? ? ? ? 2 4 6 8 10 x
? ?
? ?
? ?
? ?
?0 ?0
____ 27. Using the two tables below, predict whether the two graphs will intersect. Explain.
x 0 1 2
y 0 1 2 3 4
x 0 1 2
y –18 –14 –10 –6 –2
____ 28. The graph below represents one function, and the table represents a different function. How
are the functions similar? How are they different?
? ? ? ? ? 1 2 3 4 5 x
?
x 0 1 2
y 0 1 2 3 4
a. The functions have the same slope, but different y-intercepts.
b. The functions have the same y-intercept but different slopes.
c. The function have the same slope and the same y-intercept.
d. The functions are both linear, but have different slopes and different y-intercepts.
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