Microeconomics: Principles, Applications, and Tools (8th Edition)

Published by Prentice Hall
ISBN 10: 0-13294-886-9
ISBN 13: 978-0-13294-886-9

Chapter 1 - Appendix - Using Graphs and Percentages - Exercises - Page 26: A.1b

Answer

The slope is 5 dollars per hour of tennis played.

Work Step by Step

To find the slope pick 2 points on the curve and find the quotient of the change in y (cost) and the change in x (hours). Using the points at 5 hours and 10 hours: $slope=\frac{\Delta y}{\Delta x}=\frac{150-125}{10-5}=\frac{25}{5}=5$ The cost increases by \$5 for each hour of tennis played.
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