Match the Solution of the System of Inequalities with the Graph

question 121

Multiple Choice

Match the solution of the system of inequalities with the graph.
- $$\left\{ \begin{array} { l } y > 2 x - 1 \\y < x + 1\end{array} \right.$$

Recognize the reasons behind the shape of average cost curves.

Differentiate between diminishing returns to scale and decreasing returns to scale.

Understand factors leading to diminishing marginal returns.

Assess how returns to scale affect long-run average costs.