Chapter 1: Problem 16
Sketch a set of coordinate axes and then plot the point. $$ (3,-4) $$
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Chapter 1: Problem 16
Sketch a set of coordinate axes and then plot the point. $$ (3,-4) $$
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Find an equation of the line that has slope \(m\) and \(y\) -intercept \(b\). $$ m=-2 ; b=-1 $$
Producers will make 2000 refrigerators available when the unit price is \(\$ 330 .\) At a unit price of \(\$ 390,6000\) refrigerators will be marketed. Find the equation relating the unit price of a refrigerator to the quantity supplied if the equation is known to be linear. How many refrigerators will be marketed when the unit price is \(\$ 450 ?\) What is the lowest price at which a refrigerator will be marketed?
The demand equation for the Sicard wristwatch is $$ p=-0.025 x+50 $$ where \(x\) is the quantity demanded per week and \(p\) is the unit price in dollars. Sketch the graph of the demand equation. What is the highest price (theoretically) anyone would pay for the watch?
For each supply equation, where \(x\) is the quantity supplied in units of 1000 and \(p\) is the unit price in dollars, (a) sketch the supply curve and (b) determine the number of units of the commodity the supplier will make available in the market at the given unit price. $$ p=\frac{1}{2} x+20 ; p=28 $$
Find an equation of the line that satisfies the given condition. $$ \text { The line parallel to the } x \text { -axis and } 6 \text { units below it } $$
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