Suppose that the relationship in between price, P, and quantity, Q, is given by the equation Q = 60 - 4P.

Which of the following equations appropriately represents addressing Q = 60 - 4P because that P?

P=15-1/4 Q

P-60-Q

P=60-4Q

P=60+Q

P=15-4Q

Plot the relationship in between Pand Q ~ above the following graph.

Note: Price (P) is top top the vertical axis and quantity (Q) s ~ above the horizontal axis.

The slope of this heat is _______ .

You are watching: Which of the following equations correctly represents solving for ?

Suppose the the pen this equation refers to the price the a newspaper subscription, and also the Qrefers come the number of magazine subscriptions sold. Read the complying with statement carefully: "When the price of a newspaper subsorption goes up, fewer people subsoribe to the magazine."

Which the the following ideal summarizes the pattern of causality said by this statement?

A change in Q reasons a fee in P.

The relationship between P and Q is no a causal relationship.

A change in P causes a adjust in Q

business business economics

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price #1

P- 15-40 in torret oph'on Becaus e Q = 60- yf S 4P = 60 -Q 60-Q P= 15 negabive Price cot-sia) need cusve ( under asand slofing) eupling) (60.0) Guanhiy - 25 II the steep of ho heat s # opken S A change in p Caunes a readjust in Q in LAvret ophon Hal louser prce owanded says will command h inucese in he f Quouhly Demauols since of regulations of

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prize #2

Answer:

Q = 60 - 4P

4P = 60 - Q

P = 60/4 - Q/4

**P = 15 - Q/4**

Thus 4th option is ideal P = 15 - 1/4 Q

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