### Line Graph Analysis#### Diagram Description:This is a Cartesian coordinate system graph where the x-axis ranges from 0 to 5, and the y-axis ranges from 0 to 5. The grid is divided into unit squares, forming a 5x5 square.#### Graph Explanation:The graph displays a single diagonal line decreasing from the point (0, 4) on the y-axis to point (3, 0) on the x-axis. The line has a negative slope, indicating a downward trend.#### Equation of the Line:To find the equation of a straight line, use the formula: $ y = mx + c $.- **Slope (m):** The slope is calculated as the change in y divided by the change in x: \[ m = \frac{0 - 4}{3 - 0} = \frac{-4}{3} \]- **Y-intercept (c):** The line crosses the y-axis at (0, 4).Thus, the equation of the line is:\[ y = -\frac{4}{3}x + 4 \]### Conclusion:In the diagram, the equation for this line is $ y = -\frac{4}{3}x + 4 $.

It can be seen from the diagram that the line is linear in nature. We have two variables in the…

Answered: Y 5 4 3 2 1 3 4 5 1)

Business

Economics

Y 5 4 3 2 1 3 4 5 1)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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