Find the Slope of the Line 2 X $-$ 3 Y = 1 by Finding the Coordinates of Two

question 301

Multiple Choice

Find the slope of the line 2 x $-$ 3 y = 1 by finding the coordinates of two points on it.

• A) \(- \frac { 2 } { 3 }\)
• B) \(\frac { 3 } { 2 }\)
• C) \(- \frac { 3 } { 2 }\)
• D) \(\frac { 2 } { 3 }\)

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Definitions:

Edgeworth Box

A diagram used in microeconomics to show the efficient distribution of resources between two individuals or the allocation of two goods in an economy.

Pareto Optimal

In resource distribution, a framework where the betterment of one party directly causes a disadvantage to another party.

Initial Allocation

The initial distribution of resources, goods, or assets among various parties or agents in an economic model or real-world scenario.

Pareto Optimal Allocations

A situation where it is impossible to make any one individual better off without making at least one individual worse off, indicating an efficient allocation of resources.