Based on the equation, y = -750·x + 8500, the estimated value of a
motorcycle that is 5 years old is <u>$4,750</u>.
<h3>How can the given equation help to estimate the value of the motorcycle?</h3>
The regression equation that models the data is; y = -750·x + 8500
Where;
y = The value of the brand of motorcycle in dollars
x = The age of the motorcycle
When the motorcycle is 5 years old, we have;
x = 5
y = -750 × 5 + 8500 = 4750
Based on the equation, the estimated value of a motorcycle that is 5 years old, y =<u> $4,750</u>
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Answer:
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The extra amount that Mary would pay for apples under a monopoly instead of perfect competition is B. $3
<h3>Calculations and Parameters:</h3>
From the complete information,
There are images of the prices that can be gotten under a monopoly and the ones that can be gotten in a perfect competition by Mary.
The marginal cost which is graphed against the pound of apples and the price shows Mary would pay $15 and the marginal revenue shows that Mary would pay $12.
Hence, the difference between them, which is the extra amount to be paid would be $15-$12
=$3
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Answer:
Hey there, Lets solve this step by step.
A number t divided by 82
Let the number be represented by y.
t divided by 82 = t / 8
Therefore-
In algebraic expressions, "y" is normally used as the dependent variable and "x" is normally used as the independent variable, instead of other variables. So that is why i used the variable y in the equation.
Step-by-step explanation:
Answer:
Part A:
The graph passes through (0,2) (1,3) (2,4).
If the graph that passes through these points represents a linear function, then the slope must be the same for any two given points. Using (0,2) and (1,3). Write in slope-intercept form, y=mx+b. y=x+2
Using (0,2) and (2,4). Write in slope-intercept form, y=mx+b. y=x+2. They are the same and in graph form, it gives us a straight line.
Since the slope is constant (the same) everywhere, the function is linear.
Part B:
A linear function is of the form y=mx+b where m is the slope and b is the y-intercept.
An example is y=2x-3
A linear function can also be of the form ax+by=c where a, b and c are constants. An example is 2x + 4y= 3
A non-linear function contains at least one of the following,
*Product of x and y
*Trigonometric function
*Exponential functions
*Logarithmic functions
*A degree which is not equal to 1 or 0.
An example is...xy= 1 or y= sqrt. x
An example of a linear function is 1/3x = y - 3
An example of a non-linear function is y= 2/3x