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borteleto borteleto
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6 years ago
Suppose you produce 10 bikes a day for a total cost of $1000. Total costs increase to $1100 when you produce 15 bikes. Finally, total costs increase to $1300 if you make 20 bikes. A graph showing the relationship between total costs and the number of bikes produced would be
A) a negatively-sloped line that becomes steeper.
B) a positively-sloped line that becomes steeper.
C) a negatively-sloped line that becomes flatter.
D) a positively-sloped line that becomes flatter.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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guzmanguzman
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6 years ago
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borteleto Author
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6 years ago
Thanks for your help!!
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Gorgio_De
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Thank you, thank you, thank you!
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