Find slope intercept form of the equation for straight line

Assignment Help Microeconomics
Reference no: EM131022983

Quiz 1-

1. You are asked to find the slope intercept form of the equation for a straight line and you are told that these two points are on that line: (x, y) = (10, 20) and (12, 18).

2. You are asked to find the slope intercept form of the equation for a straight line and you are told that the reciprocal of the slope is -1/2 and that the line contains the point (Q, P) = (10, 10).

3. You are taking a course in chemistry this semester and the course has three exams that will determine your grade. The first exam counts as 20% of your grade, the second exam counts as 30% of your grade, and the third exam counts as 50% of your grade. Suppose you need a total of 90 weighted points on a 100 point scale in order to get an A in the class. If your first two exam scores are both 80, what score do you need to make on the third exam? Show your work here and how you would approach this problem. It is all right to round to the nearest whole number for your answer-but you must show your work or verbalize your reasoning to get credit for your answer.

4. You are taking a class in the statistics department and you have already gotten two scores back from exams. On the first exam you made a 36 out of a possible 75 points and on the second exam you made a 21 out of a possible 30 points. Both exams are being given equal weight in the calculation of your final grade. Convert these scores to a 100 point scale and then provide your average based upon these two scores as measured on a 100 point scale. Show your work here and how you would approach this problem. It is all right to round to the nearest whole number for your answer-but you must show your work or verbalize your reasoning to get credit for your answer.

5. For each of the following statements identify whether the statement is a positive or normative statement.

a. "All birds in Wisconsin are red."

b. "Children should be seen and not heard."

c. "Welfare reform should include provisions for childcare."

d. "If I drop a rock, it will rise."

e. "A five dollar tax per gallon of gasoline purchased will not reduce the amount of gasoline purchased."

f. "Everybody should go to college."

Reference no: EM131022983

Questions Cloud

Requires an initial fixed asset investment : Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.82 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be w..
Write summary of commentaries on election and predestination : Summary Commentaries on Election and Predestination 23.280-312 and Institutes 21-24.920-987. Calvin, John, Library of Christian Classics. Louisville: Westminster John Knox Press, 1958.
What is the minimum annual revenue required from machine : A new machine costs $150,000, and lasts 10 years with salvage value of $15,000. Annual operating costs are $50,000. If you want to make a 20% return on investment, what is the minimum annual revenue required from this machine?
Implementation of this prt system would reduce traffic : Group 2 stated that if public approval was not extremely high, we would need to have a long line of investors to fund the project initially.
Find slope intercept form of the equation for straight line : You are asked to find the slope intercept form of the equation for a straight line and you are told that these two points are on that line: (x, y) = (10, 20) and (12, 18)
Make equal semi-annual payments-what is the EAR of the loan : Fairfax Paint just borrowed 66,800 dollars. The terms of the loan require the company to make equal semi-annual payments forever. The first semi-annual payment is due in 6 months. If the regular semi-annual loan payment is 4,800 dollars, then what is..
How paying attention to culture can make better communicator : Define culture and explain why it is important to understanding communication. Explain how paying attention to culture can make you a better communicator.
Value bond outstanding with a coupon rate : Yan Yan Corp. has a $3,000 par value bond outstanding with a coupon rate of 5 percent paid semiannually and 12 years to maturity. The yield to maturity on this bond is 5.6 percent. What is the price of the bond? (Do not round intermediate calculation..
About the cyclical phase of the stock market : Common stock mutual fund manager, Mr. Jim, forms expectations about the cyclical phase of the stock market when actively managing his fund portfolio. In what situation might Mr. Jim want to lower the average beta of the fund that he manages? Explain ..

Reviews

Write a Review

Microeconomics Questions & Answers

  Using a method similar to the cpi

Using a method similar to the CPI, compute percentage change in the overall price level. Use 2011 as base year, and fix the basket at 1 karaoke machine and 3 CDs.

  What is the bond interest rate

Shannon purchases a bond for $1,142.38. The bond matures in 3 years, and she will redeem it at its face value of $1,200. Interest premiums are paid annually. If Shannon will earn a yield of 5%/year compounded yearly, what is the bond interest rate?

  Plot the marginal revenue and marginal cost curves

Plot the marginal revenue and marginal cost curves and is the industry the firm operates in competitive? Is the industry in long-run equilibrium?

  If a poor country and a rich country trade with each other

If a poor country and  a rich country trade with each other, without any restrictions, and the rich country gains $50 million, while the poor country only gains $5 million, is the rich country exploiting the poor country. Please describe in detail.

  Face value are currently selling

One-month treasury bills with a $10,000 face value are currently selling

  Use the macroprudential policy tools to control financial

Do regulators need to use the macroprudential policy tools to control financial risks?

  What term best describes a set of values

What term best describes a set of values, beliefs, and norms of behavior shared by a firm's members that influence employee preferences and behaviors?

  Find the perigee altitude

At a given instant, the altitude of an earth satellite is 400 km. Fifteen minutes later, the altitude is 1000 km, and the true anomaly has increased by 1200. Find the perigee altitude.

  Traditional maker of white canvas tennis shoes

Keds-the traditional maker of white canvas tennis shoes-was near oblivion in the early 1980s because competitors like Nike, Reebok, Adidas, and Brooks took away many of its customers. If you were at the helm of Keds, what would you have done to turn ..

  What is the underground economy

What is the Underground Economy? What effect, if any, does the Underground Economy have on the entire economy? Is it positive, negative, or has no effect?

  Health care system -capital equipment and medical technology

Capital equipment and medical technology - Equity of financing system

  How might advertising with no apparent informational content

Does a monopolistic competitor produce too much or too little output compared to the most efficient level? What practical considerations make it difficult for policymakers to solve this problem?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd