Math 1
(3,8)
Which of these coordinate points is the x value?
3
(3,8)
Which of these cooridinate points is the y value?
8
What are some alternatives/trade-off's for McDonalds?
Any other fast or restaurant food.
What is the explicit cost for a Five Dolla Foot Long from Subway?
Five Dollas
Who created the iPhone?
Steve Jobs
y=9x-6
What is the y-intercept?
6
y=3x-56
What is the slope in this equation?
3/1
True or false: we all experience opportunity cost on a daily basis.
True
True or false: When considering opportunity cost, always take the cheaper option.
False.
Who is the richest man in the world right now (2024)?
Bernard Arnault
12=x-28
Solve for x.
x=40
15-x=12
Solve for x.
x=3
What is the name for unlimited wants with limited resources?
Scarcity
What are the three factors of production?
Land, Labor, Capital.
Who is the richest woman in the world right now (2024)?
Françoise Bettencourt Meyers
y=47x-96
What is the slope in this equation?
47/1
y=98x-143
What is the y-intercept in this equation?
y=-143
When decisions are made, people are always confronted with multiple alternative actions. What is this called?
Trade-Off's
What is the implicit cost of eating a salad?
Eating healthy, environmentally friendly, etc.
Which NFL team has the highest net worth right now (2024)?
Dallas Cowboys
(2,2), (4,4)
What is the slope for these coordinate points?
1/1.
(2,2), (5,5)
What is y-intercept in these coordinate points?
y=0
What do you call the value of the next best alternative when a decision is made.
Opportunity cost
If you bought Nikes for $100 instead of Crocs for $60, what is the opportunity cost?
$40
Which country has the largest economy in the world?
USA