Write the Slope-Intercept Equation (Y = Mx + B) for a Line

question 29

Multiple Choice

Write the slope-intercept equation (y = mx + b) for a line with the given characteristics.
-m = 3, passing through (1, -2)

• A) y = 3x - 5
• B) y = 3x
• C) y = 5x - 3
• D) y - 5 = 3x

Analyze the dynamic nature of consumer preferences and its impact on industry profitability and resource allocation.

Acknowledge the efficiency gains from competition and the market's role in allocating resources to their most valued uses.

Understand the role and impact of consumers' preferences in a market economy.

Comprehend the economic functions of profits and losses and their impact on resource allocation.

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