Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 1 - Limits, Alternatives, and Choices - Appendix - Problems - Page 30: 7

Answer

A. 4 B. 0 C. -4

Work Step by Step

The slope is calculated by dividing the change in y by the change in x. A. $\frac{y_2-y_1}{x_2-x_1}=\frac{50-10}{12-2}=\frac{40}{10}=4$ B. $\frac{y_2-y_1}{x_2-x_1}=\frac{50-50}{16-12}=\frac{0}{4}=0$ C. $\frac{y_2-y_1}{x_2-x_1}=\frac{10-50}{26-16}=\frac{-40}{10}=-4$
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