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lina2011 [118]
3 years ago
11

What is the consumer's ability and desire to buy goods and services called? A. supply B. demand C. equilibrium

Mathematics
2 answers:
Alex_Xolod [135]3 years ago
4 0

Answer:

demand

Step-by-step explanation:

dimulka [17.4K]3 years ago
4 0

Answer: Demand, B.

Step-by-step explanation:

Demand is the consumer's willingness to buy good or service by paying money for that.

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The price of a cellular telephone plan is based on peak and nonpeak service. Kelsey used 45 peak minutes and 50 nonpeak minutes
Oxana [17]
We can build a system of two linear equations with two unknowns with the info provided in the problem, one with Kelsey info and one with Mitch info like so:
Lets call p the amount on peak minutes and n the amount of non-peak minutes:
45p + 50n = 27.75
70p + 30n = 36
lets reduce the equations dividing the first by 5:
9p + 10n = 5.55
<span>70p + 30n = 36
</span>now, to eliminate n, lets multiply the first equation by -3 and add the two equations:
-27p - 30n = -16.65
<span>70p + 30n = 36
</span>----------------------------
43p + 0 = 19.35
p = 19.35<span>/43
p = 0.45
therefore the peak rate is $0.45 per minute
lets substitute in one of the original equations this result:
</span><span>45p + 50n = 27.75
</span>45(0.45) + 50n = 27.75
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50n = 27.75 - 20.25
50n = 7.5
n = 7.5/50
n = 0.15
therefore the non-peak rate per minute is $0.15</span>
5 0
3 years ago
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