I believe the equation is wrong
Its A trapezium
For Calculations Refer to the attachment
Answer:
3 would be your y intercept
then from the point 0,0 put 2 in as slope
Step-by-step explanation:
First turn the equation into y=mx+b (slope-intercept form)
Which turns into y= -2x+3
in y=mx+b
m is slope and b is y intercept
3 would be your y intercept
then from the point 0,0 put 2 in as slope
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If the price of gasoline has increased from $2.00 per gallon to $3.00 per gallon. how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
<h3>What is demand curve?</h3>
Demand curve can be defined as the curve that show price of goods and services produced as well as the quantity demanded for the goods produce at a particular period of time.
The price change can be represented on the demand curve when price increase and this happen when the price of goods move from one point on a line to a higher point on the line
Therefore how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
Learn more about demand curve here:
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Categorical data are also known as the qualitative data wherein it usually describes a value of a subject as what is perceived by our senses. On the other hand, a quantitative data revolves around any variables that are considered to be measured wherein examples of which are temperature, length and width.