Answer:
17
Step-by-step explanation:
14 of the machine that cost $150 was sold and 8 of the machine that cost $225 was sold.
To solve this problem, we would write a system of linear equations.
- Let x represent the machine that cost $150
- Let y represent the machine that cost $225
We can proceed to write our equations now.

From equation 1

<h3>The Value of Y</h3>
put equation (iii) into (ii)

<h3>The Value of X</h3>
Since we know the number of y, we can simply substitute it into equation (i) and solve.

From the calculations above, 14 of the machine that cost $150 was sold and 8 of the machine that cost $255 was sold.
Learn more about system of equations here;
brainly.com/question/13729904
Answer:
answer in comments
Step-by-step explanation:
Answer:
The price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price.