Linear equations have many different applications in everyday life. For example, if a company produces peanut butter, the demand curve may look like LaTeX: Q

Linear equations have many different applications in everyday life. For example, if a company produces peanut butter, the demand curve may look like LaTeX: Q = 10,000 -0.5PQ = 10 , 000 − 0.5 P, where LaTeX: QQ is the quantity of peanut butter jars bought for a price LaTeX: PP in dollars. In this linear equation, our LaTeX: yy-intercept is LaTeX: 10,00010 , 000 and our slope is LaTeX: -0.5− 0.5. With this in mind, what are some examples of linear equations found in everyday life or found in your major? Please identify the LaTeX: yy-intercept and slope in both examples and explain the importance of your linear equation.