Question

Figure 2-22 10 20 30 40 50 60 00 31. Refer to Figure 2-22. What is the slope of the line with points A, B, and C? 32. Refer t Please help with only 31-35. Thank you!

31-35
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Answer #1

31) slope = change in y/change in x = (5-7)/(40-20) = - 0.1

32) coordinates of C = (60,3)

33) x coordinate of R = 20

34) price and quantity are negatively related as the slope is negative.

35) it is a movement along the curve as these are the points on tge the same curve.

36) it is a shift as these are the points on the different curves.

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Please help with only 31-35. Thank you! 31-35 Figure 2-22 10 20 30 40 50 60...
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