Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
deroth deroth
wrote...
Go to Answer
Posts: 121
Rep: 0 0
A year ago

Figure 2-5 shows monthly average (per unit) production costs for producing Good X.

Short description: A graph plots units of good X produced per month against the per-unit production cost of Good X. Long description: The horizontal axis representing units of good X produced per month ranges from 0 to 1400. The vertical axis representing the per-unit production cost of good X ranges from 0 to 1300. The graph plots a curve with three tangent lines. The curve passes through the following points: A (200, 1300), B (600, 600), and C (1200, 300). The first tangent line passes through points, A and (250, 1100). The second tangent line passes through points, B and (700, 500). The third tangent line passes through points, C and (1400, 250).

FIGURE 2-5
Refer to Figure 2-5. What is the slope of this non-linear function when 1200 units per month are being produced?



▸ -2

▸ -0.25

▸ 0.25

▸ -4

▸ 4
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 48 times
1 Reply
Replies
Answer verified by a subject expert
sharonfaith31sharonfaith31
wrote...
#1
Posts: 147
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

deroth Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
erimis
wrote...

Yesterday
Good timing, thanks!
taydav
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1271 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 800
  
 162
  
 300
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Where do you get your textbooks?