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1.) Use the line drawing tool to draw the equation Y=1+1.50X Label your line 'A' 2.) Use the line drawing tool to draw the equation Y=18-1.25X Label your line 'B' 3.) Use the point drawing tool to indicate the point where both equations are equal Label this point 'Equilibrium Carefully follow the instructions above, and only draw the required objects.

1.) Use the line drawing tool to draw the equation Y=1+1.50X Label your line 'A' 2.) Use the line drawing tool to draw the equation Y=18-1.25X Label your line 'B' 3.) Use the point drawing tool to indicate the point where both equations are equal Label this point 'Equilibrium Carefully follow the instructions above, and only draw the required objects.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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draw the solution out and mark #3 as well. 

1.) Use the line drawing tool to draw the equation Y=1+1.50X Label your line 'A'. 2.) Use the line drawing tool to draw the equation Y= 18-1.25X Label your line 'B' 3.) Use the point drawing tool to indicate the point where both equations are equal. Label this point 'Equilibrium Carefully follow the instructions above, and only draw the required objects.
Transcribed Image Text:1.) Use the line drawing tool to draw the equation Y=1+1.50X Label your line 'A'. 2.) Use the line drawing tool to draw the equation Y= 18-1.25X Label your line 'B' 3.) Use the point drawing tool to indicate the point where both equations are equal. Label this point 'Equilibrium Carefully follow the instructions above, and only draw the required objects.
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