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Tag: Three Intercepts
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Functions of Many Variables
Functions with more than one independent variable. y=f(x) => one independent variable. Not just price, but incomes, ect. are independent. z=f(x, y) Here, z = dependent, x & y = independent. Example: z=100-2x+5y z=3×2-9y z=e2x+3y Expediential fn. Example 1: z=150-2x-3y X-Intercept (z=0, y=0) 0= 150-2x-3(0) => x=150/2 =75 (75, 0,…