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Economics Assessment
Economics Assessment
Group Members:
Alister Profitt, Mark Bhopaul, Mariesa Jagnannan, Ashley Bankay, Martin Massiah
Question no.1: Equation: Y=9-3x Draw a graph to show this equation What is the value of the Y intercept? What is the value of the slope? What is the value of the X intercept? Is this a direct (positive) or inverse (negative) relationship?
Answer no.1:
Y intercept 10 9 8 7 6 5 4 3 2 1 0
X intercept 1 2 3 4
Graph Showing Y and X intercept of equation Y=9-3x Y intercept = 9 Value of Slope = -3 X intercept = 3 This is an inverse(negative) relationship
Question no.2: Equation: Y=-5+2x Draw a graph to show this equation What is the value of the Y intercept? What is the value of the slope? What is the value of the X intercept? Is this a direct (positive) or inverse (negative) relationship?
Answer no.2:
X intercept 2 1 0 -1 -2 -3 -4 -5 -6
-4
-3
-2
-1
Y intercept
Graph Showing Y and X intercept of the equation Y=-5+2x Y intercept = -5 Value of Slope = 2 X intercept= -2.5 This is a direct (positive) relationship.