Find the Midpoint of the Line Segment That Joins (-1,4)

question 585

Multiple Choice

Find the midpoint of the line segment that joins (-1,4) and (7,-8) .

• A) (6,-4)
• B) (-3,-2)
• C) (3,-2)
• D) None of These

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Definitions:

Total Revenue

The total amount of money received by a firm from selling its goods or services.

Total Cost

The complete amount of money required for the production of a given level of output, including both fixed and variable costs.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the profits that exceed normal expected profits.

Marginal Revenue

The surplus earnings generated by the sale of one extra unit of a product or service.