Asked by Slaton Media on Jun 01, 2024
Verified
Refer to Figure 1.7. At Point A the slope of the line is 0.67, so at Point C the slope would be
A) greater than 0.67.
B) less than 0.67.
C) equal to 0.67.
D) indeterminate from this information.
Point C
In the context of economic models, Point C can represent a specific position on a graph, such as on a supply and demand curve or a production possibilities frontier, illustrating a particular economic condition or choice.
Slope
Measures the steepness, incline, or grade of a line on a graph, representing the rate of change of the variables plotted on the axes.
Indeterminate
An outcome or situation that cannot be definitively determined or predicted due to the presence of too many unknown variables.
- Recognize the characteristics of slopes under various conditions, including scenarios where slopes are positive, negative, ascending, and descending.
Verified Answer
MB
Maurice BruceJun 03, 2024
Final Answer :
C
Explanation :
The slope of a straight line remains constant throughout its length, so if the slope at one point is 0.67, it will be the same at any other point on the line, including Point C.
Learning Objectives
- Recognize the characteristics of slopes under various conditions, including scenarios where slopes are positive, negative, ascending, and descending.