There are two sets of x, y points on a straight line in a two-variable graph with y on the vertical axis and x on the horizontal axis. What would be the linear equation for the line if one set of points was (0, 9) and the other set was (13, 61)?
Please provide the best answer for the statement.
The linear equation is y = 9 + 4x.
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For firms in an oligopoly to be interdependent,
a. goods must be undifferentiated b. goods must be differentiated c. firms must be small d. barriers to entry must be minimal e. goods can be either undifferentiated or differentiated
Usury laws are a form of price __________.
Fill in the blank(s) with the appropriate word(s).
It is easier to sustain tacit collusion in an infinitely repeated game if:
A. the interest rate is lower. B. the present value of cheating is higher and the interest rate is lower. C. the present value of cheating is higher. D. there are more players in the game.
Refer to the given data. The U.S. balance on goods and services is a:
The following table contains hypothetical data for the 2012 U.S. balance of payments. Answer the question on the basis of this information. All figures are in billions of dollars.
A. $10 billion deficit.
B. $20 billion deficit.
C. $30 billion surplus.
D. $30 billion deficit.