The x-coordinate represents the price of an item or service, and the y-coordinate represents the quantity or amount of the item or service.
To determine if this is a combination that can be afforded, we would need additional information such as our budget or income. Without that information, we cannot determine if this combination can be afforded.
Choose a point that falls in the shaded region.
What point did you choose? 550,
650
What do the x and y-coordinate represent in context?
Is this a combination you can afford to make? Explain.
3 answers
Choose a point that falls in the shaded region.
What point did you choose? 550,650
What do the x and y-coordinate represent in context?
Is this a combination you can afford to make? Explain. budget is 1000
What point did you choose? 550,650
What do the x and y-coordinate represent in context?
Is this a combination you can afford to make? Explain. budget is 1000
The x-coordinate still represents the price, and the y-coordinate represents the quantity.
In this case, if our budget is $1000, we would need to determine the total cost of the combination. If the price (x-coordinate) is $550 and the quantity (y-coordinate) is 650, we would calculate the total cost by multiplying the price by the quantity: $550 * 650 = $357,500.
Since the total cost of the combination exceeds our budget of $1000, we cannot afford to make this particular combination.
In this case, if our budget is $1000, we would need to determine the total cost of the combination. If the price (x-coordinate) is $550 and the quantity (y-coordinate) is 650, we would calculate the total cost by multiplying the price by the quantity: $550 * 650 = $357,500.
Since the total cost of the combination exceeds our budget of $1000, we cannot afford to make this particular combination.