Suppose a mining company will supply 105000 tons of ore per month if the price is 70 dollars per ton but will supply 69000 tons per month if the price is 20 dollars per ton. Assuming the supply function is of the form y=mx+b find the slope, m and y-intercept, b
Suppose a mining company will supply 105000 tons of ore per month if the price is 70 dollars per ton but will supply 69000 tons per month if the price is 20 dollars per ton. Assuming the supply function is of the form y=mx+b find the slope, m and y-intercept, b
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Suppose a mining company will supply 105000 tons of ore per month if the price is 70 dollars per ton but will supply 69000 tons per month if the price is 20 dollars per ton. Assuming the supply function is of the form y=mx+b find the slope, m and y-intercept, b
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