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Which of the Points C(3,2)C ( - 3,2 ) Or D(5,1)D ( 5,1 )

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Essay

Which of the points C(3,2)C ( - 3,2 ) or D(5,1)D ( 5,1 ) is closer to the point E(2,4)E ( - 2,4 ) ?


Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good that suppliers are willing to produce and sell, holding other factors constant.

Excise Tax

A tax levied on specific goods, services, and activities, such as gasoline, alcohol, and tobacco.

Supply Curve

is a graphical representation of the relationship between the price of a good and the quantity of that good that suppliers are willing to produce and sell.

Total Revenue

The sum total of earnings received by a firm for products sold or services rendered during a particular period.

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