A linear equation is drawn as a straight line on a set of axes. To draw the graph we need coordinates. We generate these coordinates by substituting values into the linear equation. STEP 1 - Draw a ...
Consumer surplus is the amount exceeding an equilibrium price the consumer is willing to pay. The equilibrium price is an idealized price, in which the demand for the good equals its supply. If the ...
Saving equations in a calculator can be useful for many reasons. You may want to store equations in a calculator so they can be graphed. You may also want to save an equation so you can see what you ...