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Profit Maximisation for Monopoly Firms

Find the unit...

Question

Find the unit rate of the proportional relationship given by the following graph:

A

6

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B

8

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C

4

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D

2

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Solution

The correct option is B 8
Unit rate = Slope = $\frac{y_{2} - y_{1}}{x_{2} - x_{1}} = \frac{96 - 40}{12 - 5} = \frac{56}{7} = \frac{8}{1} = 8$

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