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33 votes
33 votes
THIS IS THE SECOND PART
SPICEGIRL AND OTHER PERSON!!

THIS IS THE SECOND PART SPICEGIRL AND OTHER PERSON!!-example-1
User Yonatan Simson
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1 Answer

21 votes
21 votes

Answer:

When the firm produces 1 unit, its cost per unit is 33.33. There would be about 8.33 decrease in the cost.

Step-by-step explanation:

Now lets take this apart. The y value is exclaimed as the price per unit, which is not listed. The A value given in the graph is (50, 1.5), which the y and x axis do not have names to what they represent. However, from the information provided we can say that y = the price per units (50 for 1.5).

Going from that, what would 1 be? Well, if it costs 50 per 1.5 units then it would cost 33.33 per unit.

Now if they increased their product production and (50 ,1.5) was replaced by (50, 2), then the cost per unit would be 25 per unit. There would be about 8.33 decrease in the cost.

It's been a bit since i've done slopes and price per unit stuff, sorry if its a bit rusty. Good luck on your test xx

User DeFeNdog
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