4x + y = 7
y = -4x + 7
using y = mx + b
b being your y intercept, (0,7)
Answer: Option (c) is correct
Step-by-step explanation:
Slope of demand curve is negative and slope of supply curve is positive in both the models.
But labeling of axis is different in both the models. In the short-run macroeconomic model, y-axis represents the price level whereas x-axis represents the GDP.
While in the standard model for markets, y-axis shows the general price level whereas x-axis represents the output level.
Answer:
6x +3w
Step-by-step explanation:
3(2x + w)
Distribute
3*2x +3*w
6x +3w
