Standard form equation

5x+4y=24

Step-by-step explanation:

So Ax+By=C is the standard form equation of a line.

y=mx+b (in which m is the slope and b is the y-intercept) is the equation that most people start off with.

Since the line intersects the y-axis at (0,6), the y-intercept is 6.

So, we can substitute 6 with b, which is y=mx+6.

Now, we can find the slope (m) by either inserting a known point (x,y) or using rise/run. Either way, you get the slope as -5/4 because we go five units DOWN and four units RIGHT from (0,6), one known point, to (4,1), another known point.

The y=mx+b equation becomes: y=(-5/4)x+6.

Now, we subtract (-5/4)x on both sides to get (5/4)x+y=6

Multiply 4 on both sides because standard form requires no fractions or decimals.

The final answer is 5x+4y=24.

That's your answer, fully simplified!

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step-by-step explanation:

why do wages differ across industries

step-by-step explanation :

micro economists are concerned with economics on an industry or individual firm basis.

macro economists are concerned with national and international level