HELP ASAP PLEASE!!!
1 answer:
You might be interested in
Using linear function concepts, it is found that consumption would increase by $800.
<h3>What is a linear function?</h3>A linear function is modeled by:
In which:
- m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.
- b is the y-intercept, which is the value of y when x = 0.
In this problem, the function is given by:
C = 200 + 0.8Y.
Which means that the slope is of m = 0.8 per unit of Y.
For 1000 units:
0.8 x 1000 = 800.
Consumption would increase by $800.
More can be learned about linear function concepts at brainly.com/question/24808124