Use the Slope-Intercept Form to Write an Equation of the Line

question 297

Multiple Choice

Use the slope-intercept form to write an equation of the line that passes through the given point and has
the given slope. Use function notation where y = f(x) .
- $$( - 3,1 ) ; m = - \frac { 2 } { 3 }$$

• A) \(f ( x ) = - \frac { 2 } { 3 } x + 5\)
• B) \(f ( x ) = \frac { 2 } { 3 } x - 1\)
• C) \(f ( x ) = - \frac { 2 } { 3 } x - 3\)
• D) \(f ( x ) = - \frac { 2 } { 3 } x - 1\)

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Definitions:

Scarce Resources

Essential inputs such as labor, capital, and natural resources that are limited in supply and are allocated for various uses in production.

Vertical Differentiation

A market condition where products are differentiated based on quality, with consumers willing to pay more for higher-quality items.

Welfare Increase

Welfare increase refers to an improvement in the overall well-being and economic status of individuals or communities, often measured by factors such as income, employment, and access to services.

Vertical Differentiation

A marketing strategy where a product is designed to be of higher quality or to have more features than competing products.