Translate the following sentence: We would like to go to the cinema, but we do not have any money.
Queríamos ir al cine, pero no tenemos dinero.
Find an equation of the line which passes through the point (4,-7) and has slope 3.
To find the answer to this, we can use the point-slope form. To do this: y - (-7) = 3 (x - 4) Simplified: y + 7 = 3x - 12 : y = 3x - 19
Describe an economy performing under perfect competition.
Buyers and sellers have perfect information and so numerous that individual buyers and sellers have no influence over price. In this economy, price equals marginal cost.