Question: Name Score Class Schedule Date EXERCISE 2.1 1. In each of the equations given below where x represents quantity and y, the unit price, determine

Name Score Class Schedule Date EXERCISE 2.1 1. In each of

Name Score Class Schedule Date EXERCISE 2.1 1. In each of the equations given below where x represents quantity and y, the unit price, determine which corresponds to a demand curve, which corresponds to a supply curve, and which corresponds to neither a demand curve nor a supply curve: (a) 3x + 7y + 2100 = 0 (d) x - 8 = 0 (b) &x - 5y - 400 = 0 y - 5 = 0 (c) 2x - 3y + 60 = 0 -x+- 2 +- y-25=0 Answers: (a) (d) (b) e) (c) Solution

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