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Micro Economics For Today

10th Edition
Tucker + 1 other
Publisher: Cengage,
ISBN: 9781337613064

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BuyFindarrow_forward

Micro Economics For Today

10th Edition
Tucker + 1 other
Publisher: Cengage,
ISBN: 9781337613064
Chapter 1.A, Problem 10SQ
Textbook Problem
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In Exhibit A-6, what is the slope of straight line AB?

  1. a. 1
  2. b. 5
  3. c. 1/2
  4. d. −1

To determine

Value of the slope of the AB.

Explanation of Solution

The slope of a line can be calculated by dividing the unitary change in the Y coordinates with the unitary change in the X coordinate as follows:

Slope=Unit change in Y coordinateUnit change in X coordinate=1020=12

Option (c):

The unit change in the Y coordinate is by 10 values upwards whereas the unit change in the X axis is by 20 units upwards which means that the slope of the line given is a positive value which is calculated to be 12

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Chapter 1 Solutions

Micro Economics For Today
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Ch. 1.A - Which of the following would cause a leftward...Ch. 1.A - Suppose two variables are directly related. If one...Ch. 1.A - When an inverse relationship is graphed, the...Ch. 1.A - Straight line AB in Exhibit A-6 shows that a....Ch. 1.A - In Exhibit A-6, what is the slope of straight line...Ch. 1.A - In Exhibit A-6, what is the slope of straight line...Ch. 1.A - As shown in Exhibit A-6, the slope of straight...Ch. 1.A - In Exhibit A-6, as X increases along the...Ch. 1.A - In Exhibit A-7, as X increases along the...Ch. 1.A - Straight line AB in Exhibit A-7 shows that a....Ch. 1.A - As shown in Exhibit A-7, the slope of straight...Ch. 1.A - In Exhibit A-7, what is the slope for straight...Ch. 1.A - In Exhibit A-7, what is the slope of straight line...Ch. 1.A - In Exhibit A-8, as X increases along the...Ch. 1.A - In Exhibit A-8, what is the slope of straight line...Ch. 1.A - Exhibit A-9 represents a three-variable...Ch. 1 - Explain why both nations with high living...Ch. 1 - Why isnt money considered capital in economics?Ch. 1 - Explain the difference between macroeconomics and...Ch. 1 - Which of the following are microeconomic issues?...Ch. 1 - Explain why it is important for an economic model...Ch. 1 - Explain the importance of the ceteris paribus...Ch. 1 - Suppose Congress cuts spending for the military,...Ch. 1 - Analyze the positive versus normative arguments in...Ch. 1 - Which of the following illustrates the concept of...Ch. 1 - Which of the following are factors of production?...Ch. 1 - Which of the following is not an example of a...Ch. 1 - Which of the following is the best definition of...Ch. 1 - Which of the following best illustrates the...Ch. 1 - Which of the following represents causality rather...Ch. 1 - Which of the following describes the ceteris...Ch. 1 - The condition of scarcity a. cannot be eliminated....Ch. 1 - Which of the following best describes an...Ch. 1 - Which of the following is true about renewable...Ch. 1 - Because of scarcity, a. it is impossible to...Ch. 1 - Which of the following represents positive...Ch. 1 - Which of the following is the last step in...Ch. 1 - Which of the following is not a type of economic...Ch. 1 - Which word indicates that an economist is us...Ch. 1 - Which of the following would eliminate scarcity as...Ch. 1 - Which resource is not an example of capital? a....Ch. 1 - Which of the following is the second step in the...Ch. 1 - Which of the following is a type of economic...Ch. 1 - Which of the following careers could result from...

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