This chapter is adapted from Applied Finite Mathematics by Rupinder Sekhon and Roberta Bloom, available at https://math.libretexts.org/Bookshelves/Applied_Mathematics/Applied_Finite_Mathematics_(Sekhon_and_Bloom), licensed under CC BY 4.0. Content has been modified and remixed for this book.
Learning Outcomes
Graph linear equations.
Find the slope of a line.
Determine equations of lines.
Solve linear systems.
Apply linear equations to real-world problems.
In this chapter1, we focus on linear equations, their graphical representations, finding slopes, determining line equations from given information, and solving systems of linear equations. We also examine applications of these concepts in real-world scenarios, such as cost modeling, demand-supply equilibrium, and break-even analysis.
Learning Outcomes
Graph a line from its equation.
Graph a line given its equation in parametric form.
Graph and find equations of vertical and horizontal lines.
Equations whose graphs are straight lines are called linear equations. Examples include:
A line is determined by two points. To graph a linear equation, we often choose values for one variable and solve for the other.
Example A.1: Graphing a Line
Graph the line: .
Solution: Choose convenient -values:
Plot these points and draw the line.
Example A.2: Graphing Another Line
Graph the line: .
Solution: Choose points:
Plotting these points gives:
The -intercept occurs where , and the -intercept occurs where .
Example A.3: Finding Intercepts
Find the intercepts of the line and graph it.
Solution: For the -intercept, set :
For the -intercept, set :
Plot these intercepts and draw the line.
Lines can also be given in parametric form, e.g. .
Example A.4: Parametric Equations
Graph the line
Solution: Let :
Plot these points and draw the line.
Example A.5: Horizontal and Vertical Lines
Graph and .
Solution: The line is vertical through . The line is horizontal through .
Learning Outcomes
Find the slope of a line given two points.
Graph a line if a point and slope are given.
The slope of a line passing through and is:
Example A.6: Finding Slope
Find the slope of the line through and .
Solution:
Vertical lines have undefined slope; horizontal lines have slope 0.
Example A.7: Vertical and Horizontal Slopes
a) For points and :
b) For points and :
Example A.8: Graphing a Line from a Point and Slope
Graph the line passing through with slope .
Solution: Starting from , a slope of means down 3, right 4 to get another point . Plot and draw the line.
If a line is written as , the coefficient is the slope and is the -intercept.
Learning Outcomes
Find an equation of a line given a point and slope.
Find an equation of a line given two points.
Example A.9: Equation Given Slope and Intercept
Find the equation of a line with slope and -intercept .
Example A.10: Equation Given a Point and Slope
Find the equation of the line passing through with slope .
Solution:
Example A.11: Equation Given Two Points
Find the equation of the line passing through and .
Solution:
Use one point:
Example A.12: Using Intercepts
Find the equation of the line with -intercept 3 and -intercept 4.
Solution: Intercepts give points and :
Learning Outcomes
Use linear functions to model real-world applications.
Linear equations commonly model cost, revenue, and population changes.
Example A.13: Cost Function
A taxi charges $0.50 per mile plus a $5 flat fee.
Solution: Let miles, cost:
Example A.14: Cost from Two Points
It costs $750 to make 25 items and $1000 to make 50 items. Assume linearity.
Solution: Points and :
Using :
Example A.15: Temperature Conversion
Freezing point of water: ; boiling point: .
Solution:
For :
Learning Outcomes
Solve linear systems in two variables.
Find equilibrium points (supply = demand).
Find break-even points (cost = revenue).
The intersection of two lines can be found by setting their equations equal or by using the elimination method.
Example A.16: Solving a System
Solve:
Solution: Add them:
Substitute into
Solution: .
The equilibrium price occurs where supply equals demand.
Example A.17: Equilibrium Point
Supply: , Demand: .
Solution: Set equal:
At : or .
Equilibrium: Price = $8, Quantity = 14 items.
For cost and revenue , the break-even point is where .
Example A.18: Break-Even Analysis
, .
Solution:
At , .
Break-even at .
This chapter introduced the fundamental concepts of linear equations, their graphs, slopes, forms of equations, and their real-world applications. You can now model scenarios involving costs, pricing, and market equilibrium using linear models and solve these models for key insights.