Consider the following equations Line A Y 215X Line B Y 1615

Consider the following equations: Line A: Y- 2+1.5X Line B: Y= 16-1.5x, where Y is equivalent to price (in dollars) and X is equivalent to quantity (in units) The y-intercept for line A is where price equals(Enter your response as a whole number.) If the quantity increases by 10 units along line A, then the price will The y-intercept for line B is where price equals Enter your response as a whole number.) If the quantity increases by 10 units along line B, then the price will by Enter your response as a whole number.) The lines are equal by Enter your response as a whole number)

Solution

Ans

A 2 substitute x=o in equation

B will rise by 1.5

C 16

D fall by 1.5 note negative sign

E in slope but opposite in direction