The demand for video recorders has been estimated to be Qv = 134 − 1.07Pf + 46Pm − 2.1Pv − 5I, where Qv is the quantity of video
1 answer:
Answer:
The Video recorders are inferior goods.
Step-by-step explanation:
As
where;
The price of the recorders films are increasing by a term 1.07 which gives that the Price is increasing by a little. Also adding the Price of video recorder is increasing by a factor 2.1 and the Revenue or income is increasing by a term 5 (Which is high) so, revenue and price are increasing leaving the quality of the voice recorder decreasing by a large margin for maintaining the balance.
As
So, in conclusion the quality decreases and thus the video recorders are inferior goods.
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Answer:
Step-by-step explanation:
We are given the following in the question:
A(1, 1), B(2, 4), C(4, 2)
i) Slope of AB
Thus, slope of AB is 3.
ii) Point slope form
The point slope form of a line can be written as:
The point intercept form of line can be written as:
The line is parallel to AB and contains point C(4, 2). Since line p is parallel to AB, line p will have the same slope as line AB
Putting values, we get,
which is the required slope intercept equation of line p.