Problem

Refer to Fig. 1. Do you agree with the statement that the price of one barrel of crude oil...

Refer to Fig. 1. Do you agree with the statement that the price of one barrel of crude oil rose on July 1, 007, and then fell on August 1,  007, at approximately the same rate? Justify your answer.

Figure 1 Price of crude oil, June 1, 2007, to April 1, 2008.

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Solutions For Problems in Chapter 1.2