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Find the Coordinates of the Midpoint of the Line Segment

question 75

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Find the coordinates of the midpoint of the line segment joining the points given below. (-6, 6, 1) , (-4, 10, 11)


Definitions:

Utility Function

A mathematical representation expressing an individual's preference ordering over a set of goods and services, showing the level of satisfaction or utility derived from various bundles of goods.

Indifference Curves

A graph representing combinations of goods among which a consumer is indifferent, used in microeconomics to analyze consumer preferences and decision-making.

Budget Line

A visual representation showing every possible mix of two products that a consumer is able to purchase with their income, taking into account the cost of these items.

Utility Function

A mathematical representation used in economics to model preferences and satisfaction obtained from consuming goods and services.

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