Answer:
slopee = 5/3
Step-by-step explanation:
The slope of a line is defined by the rise (the change in y-value) divided by the run (the change in x-value). Here, the change in y-value is 6 - (-14) = 6 + 14 = 20. The change in x-value is 20 - 8 = 12. Therefore, the slope is 20/12 or (simplified) 5/3.
Answer:
read the answer through and collect all the information you can
Answer:
is 20
Step-by-step explanation:
hope this helps
Answer:
a. 24
b. 864
Step-by-step explanation:
a. The demand function is:
P = 60 - 2Q
When P = 12:
12 = 60 - 2Q
2Q = 60 - 12
2Q = 48
Q = 48/2 = 24
b. Consumer surplus is given as the integral of Demand function:
![CS = \int\limits {[P(Q) - (p)(Q)] \ dQ\\](https://tex.z-dn.net/?f=CS%20%3D%20%5Cint%5Climits%20%7B%5BP%28Q%29%20-%20%28p%29%28Q%29%5D%20%5C%20dQ%5C%5C)
This implies that:
