Find a linear equation to solve for the following unknown quantities: One number is three more than twice another number. If the sum of the two numbers is
find the numbers.
Setting up a linear equation to solve a real-world application
There are two cell phone companies that offer different packages. Company A charges a monthly service fee of $34 plus $.05/min talk-time. Company B charges a monthly service fee of $40 plus $.04/min talk-time.
Write a linear equation that models the packages offered by both companies.
If the average number of minutes used each month is 1,160, which company offers the better plan?
If the average number of minutes used each month is 420, which company offers the better plan?
How many minutes of talk-time would yield equal monthly statements from both companies?
The model for Company
A can be written as
This includes the variable cost of
plus the monthly service charge of $34. Company
B ’s package charges a higher monthly fee of $40, but a lower variable cost of
Company
B ’s model can be written as
If the average number of minutes used each month is 1,160, we have the following:
So, Company
B offers the lower monthly cost of $86.40 as compared with the $92 monthly cost offered by Company
A when the average number of minutes used each month is 1,160.
If the average number of minutes used each month is 420, we have the following:
If the average number of minutes used each month is 420, then Company
A offers a lower monthly cost of $55 compared to Company
B ’s monthly cost of $56.80.
To answer the question of how many talk-time minutes would yield the same bill from both companies, we should think about the problem in terms of
coordinates: At what point are both the
x- value and the
y- value equal? We can find this point by setting the equations equal to each other and solving for
x.
Check the
x- value in each equation.
Therefore, a monthly average of 600 talk-time minutes renders the plans equal. See
[link]
Find a linear equation to model this real-world application: It costs ABC electronics company $2.50 per unit to produce a part used in a popular brand of desktop computers. The company has monthly operating expenses of $350 for utilities and $3,300 for salaries. What are the company’s monthly expenses?
Many applications are solved using known formulas. The problem is stated, a formula is identified, the known quantities are substituted into the formula, the equation is solved for the unknown, and the problem’s question is answered. Typically, these problems involve two equations representing two trips, two investments, two areas, and so on. Examples of formulas include the
area of a rectangular region,
the
perimeter of a rectangle,
and the
volume of a rectangular solid,
When there are two unknowns, we find a way to write one in terms of the other because we can solve for only one variable at a time.
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.
