Answer to Question #261886 in Economics for Nalyn

Question #261886

Find the slope, x-intercept, and y-intercept of C=900+0.75y

Expert's answer

The slope is 0.75.

x-intercept is C = 900 + 0.75×0 = 900.

y-intercept is:

900 + 0.75y = 0,

y = -900/0.75 = -1200.

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