Find the Coordinates of the Other Endpoint of the Segment $$\begin{array} { c c c } 1995 & 1997 & 1999 \\a = \$ 452 ; b = \$ 524 & &\end{array}$$

question 103

Multiple Choice

Find the coordinates of the other endpoint of the segment, given its midpoint and one endpoint.
-The graph shows an idealized linear relationship for the average monthly payment to retirees from 1995 to 1999. Use the midpoint formula to estimate the average payment in 1997. Average Monthly Payment to Retirees


$$\begin{array} { c c c } 1995 & 1997 & 1999 \\a = \$ 452 ; b = \$ 524 & &\end{array}$$

• A) \(\$ 36\)
• B) \(\$ 488\)
• C) \(\$ 500\)
• D) \(\$ 524\)

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Definitions:

Fixed Expenses

Costs that do not vary with the level or amount of goods or services produced or sold.

Contribution Margin

The difference between sales revenue and variable costs, used to cover fixed costs and profits.

Fixed Expenses

Expenses that remain constant regardless of the amount of output or sales within a brief timeframe, including lease payments, wages, and coverage fees.

Break-even Point

The level of production or sales at which total costs equal total revenue, meaning the company neither makes a profit nor incurs a loss.