Answer:
A)
Step-by-step explanation:
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Answer:y intercept 5
Slope: -3
Step-by-step explanation:
Answer:
A fixed cost: Does not change with changes in the volume of activity within the relevant range
Step-by-step explanation:
Fixed Cost:
In economics, a fixed cost in a specified period of time does not change with respect to an increase or decrease in the production of goods or services. In contrast, the variable cost changes in proportion to changes in production of goods or services.
Examples of Fixed Cost:
Salaries, Rents, insurance payments, taxes, some utilities etc
Answer:
a ) y = 1 and x = -1
d) y = 5 and x = -1/2
Step-by-step explanation:
<h2><u>
Substitution method</u></h2><h2><u>Question a</u></h2>
y = x+ 2
y = 2x + 3
<em>we can make the first formula in terms of x , so we can place in into the second formula</em>
y = x + 2
x = y - 2
now put y - 2 where x is in the second equation
y = 2x + 3
y = 2(y - 2) + 3
y = 2y - 4 +3
now solve
4 - 3 = 2y -y
y = 1
since y = 1 we can find what x is by putting into the first formula
y = x +2
x = y - 2
x = (1) -2
x = -1
<h3><u>hence y = 1 and x = -1 </u></h3><h3><u /></h3><h2><u>Question d</u></h2>
y = 2x + 6
y = 4 - 2x
<em>we can make the first formula in terms of x , so we can place in into the second formula</em>
y = 2x + 6
y - 6 = 2x
x = (y-6)/ 2
now place (y-6)/2 where x is in the second formula
y = 4 -2x
y = 4 - 2 (
)
now solve
the multiplication by 2 and division by 2 are cancelled out
hence making the simplified equation as:
y = 4 - y + 6
2y = 4 + 6
2y = 10
y = 5
now place this into the first equation
y = 2x + 6
y - 6 = 2x
x = (y-6)/ 2
x = (5-6)/2
x = -1/2
<h3><u>
hence y = 5 and x = -1/2</u></h3>