Answer:
I. x = -3
II. y = -2
Explanation:
Given the following algebraic equation;
.........equation 1
..........equation 2
We would solve the algebraic equation using the substitution method
From equation 1;
.....equation 3
Substituting eqn 3 into eqn 2, we have;
Multiplying all through by 5
Rearranging the equation, we have:
x = -3
Next we find the value of y;
From eqn 3;
Substituting the value of "x" into the equation, we have;
y = -2
So i can balance :? hope this help
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The supply curve will be composed of the following points
(10, 1000) from the statement: 1000 shoes in the market at $10
(25, 1200) from the statement: 12000 shoes at $25 per pair
(40, 1400) from the statement: <span>$40 per pair, the existing firms increase production to 1400 each</span>
The answer is $3500.
You are simply asking for the equivalent of 2 points for the mortgage of $175,000. Since 1 point is equal to 1% of the mortgage, 2 points is 2% of the mortgage then.
Equation:
Y = P% * X
Y = 2% * 175000
Convert P into decimal: P = 2/100 = 0.02
Y = 0.02 * 175000
Y = 3500