EconomicsNEB 2074 (old course)

Find the equation of a straight line passing through the point (7, 8) making equal intercepts on both axis.

5

Answer

The equation of a straight line that makes equal intercepts on both the x-axis and y-axis can be derived using the intercept form of a line. The intercept form of a straight line is given by:

where is the x-intercept and is the y-intercept.

Given that the line makes equal intercepts on both axes, we have:

Thus, the equation becomes:

Simplifying, we get:

Now, the line passes through the point . Substituting this point into the equation, we get:

Thus, the equation of the line is:

However, we must also consider the case where the intercepts are equal in magnitude but opposite in sign (i.e., ). In this scenario, the equation becomes:

Again, substituting the point :

Thus, the second possible equation of the line is:

Final Answer:

The equations of the straight lines passing through the point and making equal intercepts on both axes are: and .

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