The Graph of a Linear Function F Is Shown $- \frac { 1 } { 3 } ; ( 0,2 ) , ( 6,0 )$

question 37

Multiple Choice

The graph of a linear function f is shown. Identify the slope, y-intercept, and x-intercept.
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• A) \(- \frac { 1 } { 3 } ; ( 0,2 ) , ( 6,0 )\)
• B) \(- \frac { 1 } { 3 } ; ( 0,6 ) , ( 2,0 )\)
• C) \(\frac { 1 } { 3 } ; ( 0,2 ) , ( 6,0 )\)
• D) \(- 3 ; ( 0,2 ) , ( 6,0 )\)

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Definitions:

Economies of Scale

Refers to the cost advantage experienced by firms when they increase their level of production. The advantage arises due to the inverse relationship between per-unit fixed cost and the quantity produced.

Oligopolistic

Pertaining to an oligopoly, a market structure with a few firms dominating the industry, leading to limited competition.

Herfindahl-Hirschman Index

A measure of market concentration to assess the level of competition within an industry.

Herfindahl-Hirschman Index

A measure of market concentration, calculated by summing the squares of the market shares of all firms in the industry.