Write an Equation of the Line Satisfying the Given Conditions $( 12,9 )$

question 294

Multiple Choice

Write an equation of the line satisfying the given conditions. Write the answer in slope-intercept form.
-The line passes through $( 12,9 )$ and $( 9,9 )$ .

• A) \(y = - \frac { 1 } { 6 } x + \frac { 21 } { 2 }\)
• B) \(y = - \frac { 1 } { 6 } x - \frac { 21 } { 2 }\)
• C) \(x = 9\)
• D) \(y = 9\)

---

Definitions:

Cost of Production

The total expenses incurred in the manufacture of a product, including raw materials, labor, and overhead costs.

Quantity Demanded

Quantity demanded refers to the total amount of a good or service consumers are willing to purchase at a specific price point, at a given time.

Quantity Supplied

The total amount of a commodity that producers are willing and able to sell at a given price level, during a specific time period.

Supply Curve

A graphical representation showing the relationship between the quantity of a good supplied and its price.