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.4b

Answer

\$8 per delivery

Work Step by Step

Use 2 known points to find the slope. If 0 deliveries are made the cost is \$50. If 1 delivery is made the cost is \$58. $slope=\frac{\Delta y}{\Delta x}=\frac{58-50}{1-0}=\frac{8}{1}=8$
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.