Answer: D. The price is likely to decrease.
Explanation: Supply and Demand, when a product is in high demand, which means a lot of consumers want it then companies can raise the price on it. When its in low demand then they have to decrease the price in order for that product to sell.
Answer:
- slope = 3/2
- y-intercept = 3
- x-intercept = -2
Step-by-step explanation:
The slope is the coefficient of x when the equation is of the form ...
y = (something).
Here, we can put the equation in that form by subtracting 12x and dividing by the coefficient of y:
12x -8y = -24 . . . . . given
-8y = -12x -24 . . . . .subtract 12x
y = 3/2x +3 . . . . . . . divide by -8
This is the "slope-intercept" form of the equation. Generically, it is written ...
y = mx + b . . . . . . where m is the slope and b is the y-intercept
So, the above equation answers two of your questions:
slope = 3/2
y-intercept = 3
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The x-intercept is found fairly easily from the original equation by setting y=0:
12x = -24
x = -24/12 = -2 . . . . . the x-intercept
_____
A graph of the equation can also show you these things. The graph shows a rise of 3 units for a run of 2, so the slope is rise/run = 3/2. The line crosses the axes at x=-2 and y=3, the intercepts.
$195 each pumpkin cost about $5 each
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