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Find the X- and Y-Intercepts of the Graph of the Given

question 267

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Find the x- and y-intercepts of the graph of the given equation, if they exist. Then graph the equation.
- y=7y=7
 Find the x- and y-intercepts of the graph of the given equation, if they exist. Then graph the equation. - y=7    A)   x : 7 ; y :  none   B)   x  : none;  y : 7    C)   x  :  7 ; y  : none   D)   x  : none;  y : 7

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain time period.

Perfectly Elastic

Describes a situation where the quantity demanded or supplied of a product responds infinitely to even the smallest change in price.

Inelastic

Refers to a situation where the demand or supply of a good or service is relatively unresponsive to changes in price.

Price Effect

The impact on consumer demand and supply of goods caused by changes in the price of a product or service.

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