The concept of slope is important in economics because it is used to measure the rate at which changes are taking place. Economists often look at how things change and about how one item changes in ...
In this case both the slope and the y intercept are known and the equation can be written directly. For example if the slope is -2 and the y intercept is (0,6), then the equation is In this case the ...
The point slope form equation is a way to write the equation of a line when you know the slope of the line and the coordinates of one point on the line. You express a point slope form equation as ...