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Answer the question on the basis of the following five data sets wherein it is assumed that the variable shown on the left is the independent variable and the one on the right is the dependent variable.Assume in graphing these data that the independent variable is shown on the horizontal axis and the dependent variable on the vertical axis. (1) (2) (3) (4) (5)
\begin{array}{rl}{J} & K \\\hline 0 & 10 \\40 & 20 \\80 & 30 \\120 & 40 \\160 & 50 \\200 & 60\end{array}\begin{array}{rr}\mathrm{L} & \mathrm{M} \\\hline 0 & -15 \\30 & -5 \\60 & 5 \\90 & 15 \\120 & 25 \\150 & 35\end{array}\\begin{array}{rl}\mathrm{N}& \mathrm{P} \\\hline 100 & 40 \\80 & 50 \\60 & 60 \\40 & 70 \\20 & 80 \\0 & 90\end{array}\begin{array}{rc}\mathrm{R}& \mathrm{T} \\\hline 0 & -15 \\20 & -25 \\40 & -35 \\60 & -45 \\80 & -55 \\100 & -65\end{array}\begin{array}{rr}\mathrm{U} & \mathrm{V }\\\hline 0 & 0 \\5 & 10 \\10 & 20 \\15 & 30 \\20 & 40 \\25 & 50\end{array} Refer to the data sets.The equation for data set 3 is:
Slope
In mathematics, it's the measure of the steepness or the angle of a line, defined as the ratio of the vertical change to the horizontal change.
Price
The monetary value attached to the purchase of a good or service.
Quantity
The quantity of a tangible or intangible product or service.
Curve Shift
A movement of the supply or demand curve to the left or right, indicating a change in the market conditions.
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