Based on the calculation done, there are 15 baskets of peaches.
x + y = 23 ..... i
20x + 18y = 430 ...... ii
From equation i, x = 23 - y ..... iii
Put equation iii into ii
20x + 18y = 430
20(23 - y) + 18y = 430
460 - 20y + 18y = 430
2y = 30
y = 30/2 = 15
x + y = 23.
x + 15 = 23
x = 23 - 15 = 8
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Answer:
Dynamic pricing
Explanation:
In simple words, Dynamic pricing, often alluded to as rising rates, vibrant pricing as well as period-based pricing, relates to the pricing technique under which companies set variable prices for goods or commodities on the basis of existing consumer demands. A main benefit of competitive pricing seems to be the opportunity to increase the income with each consumer.
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