Primary discussion response | Law homework help

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Applications of Linear Equations in Two Variables

 

Task Background: Applications of linear equations are very important in real-world settings. For example, it is crucial for a company to know how much it can afford to pay out in wages to its employees and still make a profit selling a particular item.

 

Scenario: For your next project, your boss asks you to research an application of linear equations in a business setting and present your findings to the team. Do research using the Internet to find more information on 1 of the following topics:

 

  • Market Equilibrium
  • Break-even analysis
  • Inflation

 

Part I: Primary Task Response

 

In 3 paragraphs, report your findings to your classmates by discussing the following:

 

  • Provide a general overview of the topic. There is no need to go deep into the math; simply explain what the topic means in lay terms.
  • Identify at least 2 ways the topic can be applied in business settings. Explain.
  • Conclude your discussion by summarizing your key learning from researching the topic.

 

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