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Author Question: FIGURE 2-4Refer to Figure 2-4. Suppose we draw a straight line tangent to point B of the non-linear ... (Read 96 times)

booty5

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on: Oct 12, 2022




FIGURE 2-4

Refer to Figure 2-4. Suppose we draw a straight line tangent to point B of the non-linear function. The straight line has a slope of 0.075. What information is conveyed to us by this measurement?


◦ Because point B is midway between point A and point C, the yield per acre is 0.075 tonnes of wheat when fertilizer applied is between 10 and 60 units per acre.
◦ At point B, the marginal response to the application of 0.075 units of fertilizer is between 4 and 5 tonnes per acre.
◦ At point B, if one additional unit of fertilizer is applied per acre, the marginal response is 0.075 tonnes of wheat per acre.
◦ At point B, when fertilizer is applied at a rate of 30 units per acre, the yield is 0.075 tonnes per acre.
◦ At point B, the marginal response to the application of 30 units of fertilizer per acre is 0.075 tonnes of wheat.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by booty5 on Oct 12, 2022

Tester

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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booty5

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

bimper21

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Reply 3 on: Yesterday
Gracias!

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