What is this symbol? and can someone please solve this algebra equation for me please?
2 answers:
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Answer:
A) (17 ; 550)
B) $17/item
C) 550
Step-by-step explanation:
First we must calculate the intersection point of the two lines. Since in that point <em>y</em> has the same value in both equations, we can obtain <em>x </em>by equalling the two equations and then using that value for obtaining <em>y</em>:
So the value of <em>x</em> in the intersection point is 17. We now use this value with either one of the equations to obtain <em>y</em><em>. </em>Let's use the supply equation:
So the intersection point is (17 ; 550)
Supply and demand are in equilibrium when the amount of items on supply are the same as the ones on demand. That is the point were the two lines intersect, which means the selling price is the <em>x</em> coordinate and the amount of items is the <em>y</em> coordinate, so that is a selling price of <em>$17/item</em> with a number of items of <em>550</em>.
This question is solved using a system of equations, and doing this, we get that: There are 9 quarters, 4 nickels and 12 dimes.
I am going to say that:
x is the number of nickels.
y is the number of dimes.
z is the number of quarters.
In all, they are worth $3.65.
A nickel is worth $0.05, a dime is worth $0.1 and a quarter is worth $0.25, so:
Dimes: 3 times greater than nickels:
This means that:
Quarters: One greater than double the number of nickels:
This means that:
Value of x:
We have y and z as function of x, so we can replace into the equation and find the value of x, so:
y and z:
There are 9 quarters, 4 nickels and 12 dimes.
A similar question is found at brainly.com/question/17096268