why is it important to understand linear equations in a business?

Question

owlfred · Answer

Hoot! You just asked your first question! Hang tight while I find people to answer it for you. You can thank people who give you good answers by clicking the 'Good Answer' button on the right!

anonymous · Answer

I don't know. It's really pointless to learn about this kind of stuff.

anonymous · Answer

because until you have a monopoly it is hard to grow exponentially...

shadowfiend · Answer

Rarely is it pointless. Take it away, kantalope.

anonymous · Answer

lots of business things have linear relationships for instance if average customer spends $10 the number of customers and gross is linear...

anonymous · Answer

making the nut (carny talk) - means covering expenses: let's say you have rent of 100 and those same $10 per customer this is a linear y is the income you need to cover rent

y=10c + 100......in fact that is a line with slope 10...who knew?

anonymous · Answer

uh that's all I got...

anonymous · Answer

future present value of a flow of income
cumulative change: net earnings
consumer's, producer's surplus
ad infinitum

anonymous · Answer

doh that should be cost per customer not income...someone should proof read my stuff