Macroeconomics
Macroeconomics
11th Edition
ISBN: 9781260506891
Author: Colander
Publisher: MCG
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Chapter 2.A, Problem 1QE
To determine

The coordinate space and labeling the points on a graph.

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Fill out the tabe using the formulas for each (AFC, AVC, ATC, MC) and plot each on the graph.
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The outside temperature can be estimated based on how fast crickets chirp. At 104 chirps per minute, the temperature is 63 °F. At 176 chirps per minute, the temperature is 81 °F. Using this information, you can make a formula that relates chirp rate to temperature. Assume the relationship is linear, that is the points form a straight line when plotted on a graph. What is the temperature if you hear 128 chirps per minute? °F What is the temperature if you hear 72 chirps per minute? °F
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