I think the answer is 0.04...
Y= 2.50(x) + $20 is the linear equation
If 15 videos are rented
Y=2.50(15) + $20
Y= $57.50
67.50 = 2.50(x) + 20
19= x
19 videos were rented in 3 months
On a number line, v would be all the numbers to the left of -3 (for example, |-4|=4 which is greater than 3) and all the values to the right of positive 3. Since it can't equal 3, v=-3 and v=3 are not included on the number line.
The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.
Answer:
<em>m</em> = undef
General Formulas and Concepts:
- Order of Operations: BPEMDAS
- Slope Formula:

Step-by-step explanation:
<u>Step 1: Define</u>
Point (3, 2)
Point (3, -2)
<u>Step 2: Find slope </u><em><u>m</u></em>
- Substitute:

- Subtract:

- Simplify: <em>m</em> = undef