Question
Savrup has drawn a graph to illustrate the linear relation between the cost of attending movies and the number of movies a person attends at
Savrup has drawn a graph to illustrate the linear relation between the cost of attending movies and the number of movies a person attends at Cineplex. Cineplex charges a membership fee of $25. It then costs $ 15 for every movie he attends. Cineplex has decided to change its price structure. It plans to increase the membership to $ 40, and reduce the charge per movie is $ 12.
1.What effect will this change bring in terms of slope and y-intercept?
2.(a) Is the relationship between the number of movies and the cost linear or nonlinear? (b) Explain your decision (This time, you need to say more than they form a straight line)
3.(a) Is the relationship between the number of movies and the cost a direct variation or a partial variation? (b) Explain your decision.
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Get StartedRecommended Textbook for
Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
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