Find the standard form of the equation of the line passing through the two point

Question

Find the standard form of the equation of the line passing through the two points. (2, - 5) and (- 9, 6) Solve the problem Assume that the price per unit, D, of a certain item to the consumer is given by the equation: D = 9 - x, Where x is the number of units in demand. The price per unit, S, from the supplier is given by the equation: S = 2/3x + 2/3, where x is the number of units supplied. Find the equilibrium price and the equilibrium quantity. equilibrium price: $5 per unit; equilibrium quantity: 4 units equilibrium price: $4 per unit; equilibrium quantity: 5 units equilibrium price: $50 per unit; equilibrium quantity: 4 units equilibrium price: $40 per unit; equilibrium quantity: 5 units

Explanation / Answer

1) C

2) B

3) D

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