On a graph of a production function, the horizontal axis measures hours of labor and the vertical axis measures total output. If a specific point on the production curve corresponds to 10 hours of labor yielding 45 units of output, what is the slope of a straight line drawn from the origin (0,0) to this point?
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On a graph of a production function, the horizontal axis measures hours of labor and the vertical axis measures total output. If a specific point on the production curve corresponds to 10 hours of labor yielding 45 units of output, what is the slope of a straight line drawn from the origin (0,0) to this point?