finite Mathematics

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1. True or false. The slope of a horizontal line is undefined.
2. True or false. Suppose the slope of a straight line L is -3/4 and P is a given point on L. If Q is a point on L lying 2 units to the right of P, then Q is situated 3/2 units below P.
3. True or false. The y-intercept of the straight line with equation Ax + By + C = 0 is –C/B (B ≠ 0).
4. True or false. If a line L₁ has equation y = mx + b, where m and b are constants with m ≠ 0,then an equation of a line L₂ perpendicular to L₁ has the form, where C is a constant.
5. True or false. Suppose an asset is being depreciated linearly. Then the rate of depreciation of the asset is given by the negative of the slope of the depreciation line.
6. True or false. If R and C are linear revenue and cost functions, respectively, and (x₀, p₀) is the breakeven point, then P(x) > P(x₀) if x > x₀, where P is the profit function.
7. True or false. The least-squares line must pass through at least one of the data points.

finite Mathematics was first posted on September 11, 2020 at 8:49 am.
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