Answer:
try A!
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
The m to the y can’t equal to m so it’s b
Hello from MrBillDoesMath!
Answer:
Top line: y = (2/3)x + 2
Bottom line: y = (2/3)x -1
Discussion:
The graph provided is hard to read but I did the best I could.
The top line appears to pass through the points (0,2) and (-3,0)
For this line
m = change y /change x = (0-2)/(-3-0) = -2/-3 = +2/3. So
y = mx + b => y = (2/3) x+ b. As the line passes through (0,2) set x = 0, y= 2 in y = (2/3)x + b =>
2 = (2/3) 0 + b => b = 2
Therefore y = (2/3)x + 2
The bottom line appears to pass through the points (0,-1) and (3,1)
For this line
m = change y /change x = (1-(-1)) /(3-0) = +2/-3. So
y = mx + b => y = (2/3) x+ b. As the line passes through (0,-1) set x = 0, y= -1 in y = (2/3)x + b =>
-1 = (2/3) 0 + b => b = -1
Therefore y = (2/3)x + -1
Thank you,
MrB
It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
Learn more about demand on:
brainly.com/question/1245771
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