Chapter 1: Problem 27
Find an equation of the line that passes through the point and has the indicated slope \(m\). $$ (3,-4) ; m=2 $$
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Chapter 1: Problem 27
Find an equation of the line that passes through the point and has the indicated slope \(m\). $$ (3,-4) ; m=2 $$
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The demand equation for the Schmidt- 3000 fax machine is \(3 x+p-1500=0\), where \(x\) is the quantity demanded per week and \(p\) is the unit price in dollars. The supply equation is \(2 x-3 p+1200=\) 0\. where \(x\) is the quantity the supplier will make available in the market each week when the unit price is \(p\) dollars. Find the equilibrium quantity and the equilibrium price for the fax machines.
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?
Find an equation of the line that has slope \(m\) and \(y\) -intercept \(b\). $$ m=-\frac{1}{2} ; b=\frac{3}{4} $$
The amount (in millions of dollars) of used autos sold online in the United States is expected to grow in accordance with the figures given in the following table \((x=0\) corresponds to 2000\()\) : $$ \begin{array}{ccccccccc} \hline \text { Year, } \boldsymbol{x} & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 \\ \hline \text { Sales, } \boldsymbol{y} & 1.0 & 1.4 & 2.2 & 2.8 & 3.6 & 4.2 & 5.0 & 5.8 \\ \hline \end{array} $$ a. Find an equation of the least-squares line for these data. b. Use the result of part (a) to estimate the sales of used autos online in 2008 , assuming that the predicted trend continued through that year.
Determine whether the points lie on a straight line. $$ A(-2,1), B(1,7), \text { and } C(4,13) $$
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