5.75% of x = 28000 What is x?
1 answer:
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Answer:
Slope = 2
y-intercept = 1
x-intercept = -0.5
Standard Form ⇒ y - 2x = 1
Step-by-step explanation:
write the equation of the line through (-2 , -3) and (0,1)
The general form of the line is y = mx + c
Where m is the slope and c is the y-intercept
The slope m = (y₂ - y₁)/(x₂ - x₁) = (1 - [-3])/(0 - [-2]) = 4/2 = 2
∴ y = 2x + c
By substitution with the point (0,1) to find c
1 = 2 *0 + c
c = 1
∴ y = 2x + 1
Or y - 2x = 1 ⇒Standard Form
Also,
See the attached figure which represents the graph of the line y - 2x = 1
the equilibrium point, is when Demand = Supply, namely, when the amount of "Q"uantity demanded by customers is the same as the Quantity supplied by vendors.
That occurs when both of these equations are equal to each other.
let's do away with the denominators, by multiplying both sides by the LCD of all fractions, in this case, 12.