Along a Straight Line, When X Equals 90, Then Y

question 156

Multiple Choice

Along a straight line, when x equals 90, then y equals 30. When x equals 120, then y equals 40. The slope of the straight line is

• A) 1/3.
• B) -1/3.
• C) 3.
• D) -3.

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Definitions:

Domestic Production

The total value of all goods and services produced within a country's borders in a given time period.

Production Costs

The expenses incurred in the process of creating goods or services, including labor, materials, and overheads.

Equilibrium Price

The rate at which the quantity of goods on offer is equal to the quantity of goods consumers are willing to buy.

Domestic Price

The cost of goods, services, or commodities within a country's borders, unaffected by international tariffs or duties.