If bookstore ABC Books determines it is going to sell books at its profit-maximizing price of $19 in a market facing monopolisti
c competition, calculate total profit for the store.
1 answer:
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Answer:
Step-by-step explanation:
Q2:
The point-slope form of an equation of a line:
m - slope
The formula of a slope:
We have the points (4, 6) and (6, 10). Substitute:
<em>use distributive property</em>
<em>add 6 to both sides</em>
<em>subteact 2 from both sides</em>
Q4:
The slope-intercept form of an equation of a line:
m - slope
b - y-intercept
Put the slope m = 3 and the coordinateso f the point (-2, 6) to the point-slope form of an equation of a line:
<em>use distributive property</em>
<em>add 6 to both sides</em>