Question

(1) If price per unit, p, is plotted on the horizontal axis and the quantity
supplied q is plotted on the vertical axis, determine the slope-intercept form
of the equation of the line which passes through these two points.
(1) Interpret the slope of the equation in this application.
(11) Predict the weekly supply if the market price equals $25 per
unit
() Global Insurance Company has four salespeople working in Hill town. The
number of policies sold during the last month is given in matrix A, as
O'Malley Caponi Steomberg Deutsch
8.
7
6
87
Automobile
6
9
11
5
Life
A=
3
2
0
Health
0
1
31
Homeowners
N
i) Let S= [1
1 1]. Find SA and interpret its elements.
11) Find Ast and interpret its elements.​

Answer 1

Step-by-step explanation:

(1) If price per unit, p, is plotted on the horizontal axis and the quantity

supplied q is plotted on the vertical axis, determine the slope-intercept form

of the equation of the line which passes through these two points.

(1) Interpret the slope of the equation in this application.

(11) Predict the weekly supply if the market price equals $25 per

unit

() Global Insurance Company has four salespeople working in Hill town. The

number of policies sold during the last month is given in matrix A, as

O'Malley Caponi Steomberg Deutsch

8.

7

6

87

Automobile

6

9

11

5

Life

A=

3

2

0

Health

0

1

31

Homeowners

N

i) Let S= [1

1 1]. Find SA and interpret its elements.

11) Find Ast and interpret its elements.