Business Finance
finite Mathematics

Question Description

Help me study for my Business class. I’m stuck and don’t understand.

 

  1. True or false. The slope of a horizontal line is undefined.
  2. True or false. Suppose the slope of a straight line L is -3/4 and P is a given point on L. If Q is a point on L lying 2 units to the right of P, then Q is situated 3/2 units below P.
  3. True or false. The y-intercept of the straight line with equation Ax By = 0 is -C/(B ≠ 0).
  4. True or false. If a line L1 has equation mx b, where and are constants with m ≠ 0,then an equation of a line L2 perpendicular to L1 has the form20140227032824equation.png, where C is a constant.
  5. True or false. Suppose an asset is being depreciated linearly. Then the rate of depreciation of the asset is given by the negative of the slope of the depreciation line.
  6. True or false. If R and C are linear revenue and cost functions, respectively, and (x0p0) is the breakeven point, then P(x) > P(x0) if x > x0, where P is the profit function.
  7. True or false. The least-squares line must pass through at least one of the data points.
                               

finite Mathematics
equation.png
finite Mathematics
equation.png

Unformatted Attachment Preview

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Ace_Tutor (5177)
University of Virginia

Anonymous
Return customer, been using sp for a good two years now.

Anonymous
Thanks as always for the good work!

Anonymous
Excellent job

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4