First, you want to identify the slopes and y-int.
Equation 1 = y = -2x + 2
Slope = -2
y-int. = 2 or (0,2)
Equationt 2 = y = 2x + 3
Slope = 2
Y-int. = 3 or (0,3)
To graph, first plot the y-intercepts. Then do the slopes.
Slope = -2
Down 2 over 1 (to the right)
Slope = 2
Up 2 over 1 (to the right)
Then just connect the dots in a line!
Answer: OPTION B
Step-by-step explanation:
You can find the distance between two points by using the following formula:
Given the points (-2,-6) and (0,5), you can identify that:
Therefore, substituting values, you get that the distance between those points is:
Answer: At $21.85, the supply will equal to demand.
Step-by-step explanation:
Since we have given that
Demand function is given by
Supply function is given by
According to question, we need to find the price for which the supply equals the demand, i.e. Equilibrium price and quantity.
So, at $21.85, the supply will equal to demand.