david want to go on vacation to puerto rico which is going to cost $1,025 for his birthday his brother gave him $200 in addition
1 answer:
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Answer:
x= -3 and y= 0
Step-by-step explanation:
5x+2y=-15
<u>2x-2y=-6 </u>
<u>7x =-21</u>
x= -3
Putting value of x in equation 1
5(-3) +2y=-15
-15+2y= -15
2y= 0
y= 0
This can be solved with the help of matrices
In matrix form the above equations can be written in the form
=
Let
= A
= X and
= B
Then AX= B
or X= A⁻¹ B
where A⁻¹= adj A/ ║A║ where mod A≠ 0
adj A=
║A║= ( 5*-2- 2*2)= -10-4= -14≠0
X= A⁻¹ B
=- 1/14
=- 1/14
=- 1/14
=- 1/14
=
=
From here x= -3 and y= 0
Solution Set = [(-3,0)]
The reasonable estimate of the current customer price index is 195. The option B is the correct option.
<h3>Customer price index</h3>Customer price index is the price index which measures the weight average of price of basket of customers goods or services.
It can be given as,
Here is the cost of market basket in current period and
is the cost of market basket in the base period.
Cost of market basket in current period is
Cost of market basket in 1983 is,
Substitute all the values in the formula
Thus the value of current CPI is 168.5 which is near about the 170.
Hence, the reasonable estimate of the current customer price index is 195. The option B is the correct option.
Learn more about the customer price index here;