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Standard XI
Economics
Profit Maximisation Condition for a Firm
The graph giv...
Question
The graph given below shows the price of apples sold in a fruit shop. Find the unit rate.
A
0.2 dollars
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B
0.4 dollars
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C
0.6 dollars
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D
1 dollar
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Solution
The correct option is
A
0.2 dollars
Consider two points (3,0.6) and (6,1.2) on the graph.
Slope =
1.2
−
0.6
6
−
3
=
0.6
3
=
0.2
Hence, rate of 1 apple = 0.2 dollar
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