Meal tickets at the circus cost
for children and
for adults. If
meal tickets were bought for a total of
how many children and how many adults bought meal tickets?
A system of linear equations consists of two or more equations made up of two or more variables such that all equations in the system are considered simultaneously.
The solution to a system of linear equations in two variables is any ordered pair that satisfies each equation independently. See
[link] .
Systems of equations are classified as independent with one solution, dependent with an infinite number of solutions, or inconsistent with no solution.
One method of solving a system of linear equations in two variables is by graphing. In this method, we graph the equations on the same set of axes. See
[link] .
Another method of solving a system of linear equations is by substitution. In this method, we solve for one variable in one equation and substitute the result into the second equation. See
[link] .
A third method of solving a system of linear equations is by addition, in which we can eliminate a variable by adding opposite coefficients of corresponding variables. See
[link] .
It is often necessary to multiply one or both equations by a constant to facilitate elimination of a variable when adding the two equations together. See
[link] ,
[link] , and
[link] .
Either method of solving a system of equations results in a false statement for inconsistent systems because they are made up of parallel lines that never intersect. See
[link] .
The solution to a system of dependent equations will always be true because both equations describe the same line. See
[link] .
Systems of equations can be used to solve real-world problems that involve more than one variable, such as those relating to revenue, cost, and profit. See
[link] and
[link] .
Section exercises
Verbal
Can a system of linear equations have exactly two solutions? Explain why or why not.
No, you can either have zero, one, or infinitely many. Examine graphs.
If you are performing a break-even analysis for a business and their cost and revenue equations are dependent, explain what this means for the company’s profit margins.
If you are solving a break-even analysis and there is no break-even point, explain what this means for the company. How should they ensure there is a break-even point?
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost
6% more than previous year? Provide with reasoning.
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Good day
How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200.
Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
ahile becheclor ho
Amisha
hjr ktm bta ho
ani k kaam grnu hunxa tw
Amisha
belatari
Amisha
1st year ho
Amisha
nd u
Amisha
ahh
Amisha
kaha biratnagar
Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9
no Mpc is greater than 1
Y=100+.9Y+50
Y-.9Y=150
0.1Y/0.1=150/0.1
Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question
If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output?
discuss your answer using appropriate graph.