What is the equation for line a

Assignment Help Microeconomics
Reference no: EM131019294

Quiz 0-

Multiple Choice Questions:

1. In 1993 Karen's Pizza sold 125 million pizzas. In 1994 the company sold 100 million pizzas. In 1995 they sold 75 million pizzas. Using this information one can say that:

a. There was a 25% decrease in sales from 1993 to 1994 and a 25% decrease in sales from 1994 to 1995.

b. There was a 50% decrease in sales between 1993 and 1995.

c. There was a 25% decrease in sales between 1993 and 1994 and a 20% decrease in sales between 1994 and 1995.

d. There was a 20% decrease in sales between 1993 and 1994 and a 25% decrease in sales between 1994 and 1995.

2. For each of the following equations find the requested information.

a. P = 10 - 100 W where W is the variable measured on the y-axis.

Slope = ______________

Y- Intercept = _________

b. Q = 20 + (1/2)R where Q is the variable measured on the y-axis.

Slope = ______________

X- Intercept = __________

c. M = 15 - (1/3)J where J is the variable measured on the y-axis.

Slope = _______________

Y - Intercept = _________

Use the following information to answer the next three questions.

Suppose there are two straight lines: line A and line B. Line A's slope is equal to 2 and the point (X, Y) = (10, 20) sits on this line. Line B has a y-intercept of 10 and an x-intercept of 10.

3. What is the equation for line A? Show your work.

4. What is the equation for line B? Show your work.

5. Graph the two lines that you found for parts 3 and 4 on the same graph with X measured on the horizontal axis and Y measured on the vertical axis.  Be careful to label the intercepts correctly.

6. Fill in the blank for the following numerals. If the answer asks for a fraction provide its reduced form:

a. 12/144 + 2/12 = __________________

b. 0.25 + ( 20% of 120 ) = ____________

c. 0.015*40 = ______________________

d. (0.5*2) + (25% of 4) = _____________

e. 9/2 + 1.5 = _______________________

Reference no: EM131019294

Questions Cloud

Determine the inn''s break-even point in dollars : Determine the inn's break-even point in number of rented rooms per month.
Who has the absolute advantage in killing boar : John and Ben are both stranded on an island and looking for food. There are Boar and Mangos on the island. In a single day John can find 16 mangos or kill 6 boar. Likewise, in a single day Ben can find 3 mangos or kill 4 boar. Who has the absolute..
Find the current drawn from the 1-v supply vdd : Measurements on a MOSFET operating in the subthreshold conduction region indicate that the current changes by a factor of 10 for every 80-mV change in vGS and that Id = 20 nA at vGS = 0.16 V. Find the value of iD at Vgs = 0.
What is the profit-maximizing price for monopolist : What quantity of output will each firm produce in the long-run equilibrium - How many firms will be in the market in the long-run equilibrium?
What is the equation for line a : Suppose there are two straight lines: line A and line B. Line A's slope is equal to 2 and the point (X, Y) = (10, 20) sits on this line. Line B has a y-intercept of 10 and an x-intercept of 10. What is the equation for line A? Show your work
Find the factor by which tp the maximum operating speed : Consider the scaling from a 0.13-μmprocess to a 65-nm process. Assuming VDD and Vt are scaled by the same factor as the device dimensions (S = 2), find the factor by which tP, the maximum operating speed, Pdyn, power density, and PDP decrease (or i..
What does moore law predict the number of transistors : A chip with a certain area designed using the 5-μm process of the late 1970s contains 20,000 transistors. What does Moore's law predict the number of transistors to be on a chip of equal area fabricated using the 32-nm process of 2013?
What are the pros and cons of using your method : The book discusses several acceptable methods of sample selection. As an auditor, which of these methods do you prefer to use? Why? What are the pros and cons of using your method?
Determine equilibrium price for this closed economy : Determine equilibrium price for this closed economy. Determine equilibrium quantity for this closed economy. Now assume that Willy Wonka has discovered Oompa-Loompa Land and opened it up for world trade.  The world price for chocolate is currently ..

Reviews

Write a Review

Microeconomics Questions & Answers

  How much it costs to go see a movie

In scenario D2, Lorena's income is also $60,000 per year, but the price of seeing a movie rises to $13. And in scenario D3, Lorena's income goes up to $80,000 per year, while movies cost $13.

  Under adaptive expectations

Under adaptive expectations, the short-term effect of an unanticipated shift to a more expansionary macroeconomic policy will be a:

  Identify and explain the root causes of the 2008 recession

Specify the exact duration and severity of the 2008 recession and identify and explain the root causes of the 2008 recession.

  Consider the pizza market in a small college town

Consider the pizza market in a small college town with the following assumptions: - The market is in long-run equilibrium. - Each pizza shop sells 100 pizzas per week. (For ease of exposition, suppose that each shop sells only pizza and only one size..

  Kind of gdp bump promised by proponents of the program

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Analyze the decision whether to buy a lottery ticket or not

The state lottery sells 10 million tickets, one of which is a winner. The winning ticket pays the holder $5 million; all other lottery tickets are losers and pay $0. The price of each ticket is $1. Analyze the decision whether to buy a lottery ticket..

  Why does this situation violate transitivity

A consumer likes sugar in her coffe, but she simply cannot taste the difference between a cup of coffee with n grams of sugar in it and a cup of coffee with n+1 grams. Suppose a teaspoon of sugar is 6 grams, and suppose she takes her coffee with one ..

  Describe the following kinds of computerized information

health information systems can be divided into 4 categories clinical information systems management strategic decision

  Explain rises or falls in short-term interest rates

Suppose you were the manager of a bank that raised most of its funds from short- term variable-rate deposits and used these funds to make fixed-rate mortgage loans. Should you be more concerned about rises or falls in short-term interest rates? ..

  Maximizes the expected contribution of the contract

Why would your company have bid with a zero mark-up on some past tenders? Why didn't it win all of those contracts and what is the bid price that maximizes the expected contribution of the contract

  Which product is the rational consumer most probable

The book explains a rational consumer as one who will attempt to obtain the most utility for the money. If a consumer derives 12 units of utility from a $2 hamburger, 5 units of utility from a $.50 candy bar, and 22 units of utility from $7.50 movie ..

  Holding real money supply constant while raising real gdp

In deriving LM curves, holding the real money supply constant while raising real GDP causes us to

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