10 Questions
The function ______ represents the quantity demanded of a good depending on the market price.
Q
In a linear cost function, the total cost is the sum of ______ cost and total fixed cost.
variable
The consumption function of income Y is represented by the equation ______ = f(Y).
C
The equation y = 2x + 3 is in ______ form.
slope-intercept
In economics, the study of individual economic units such as households and firms is known as ______.
microeconomics
The saving function of income Y is represented by the equation ______ = g(Y).
S
The point-slope form of a linear equation is given by y - y1 = ______(x - x1).
m
In a graph of a linear equation, the y-intercept represents the ______ value.
initial
The function g(x) = -3x + 10 is a ______ function.
linear
The macroeconomic economy is divided into ______ sectors - households and firms.
two
Review of graphing linear equations, including the slope-intercept form and parallel and perpendicular lines. Practice plotting points and identifying line properties.
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