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Gelneren [198K]
3 years ago
15

Wayne is solving a system of linear equations.

Mathematics
1 answer:
nevsk [136]3 years ago
3 0
If you use the property of substitution, you can get (-2, 6.5) as your answer. Substitute the value of X (-2) in the initial equation and solve for Y.

Y= -3/4 (-2) +5  ( I am sure you inadvertently put the Y here also)
Y= 6/4 + 5
Y = 6.5
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Answer:

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Step-by-step explanation:

Total consumer surplus is given by the difference between the willingness to pay of each customer to the actual price of a good.

Since Avery is only willing to pay $10 and the pizza costs $12, Avery will not buy a pizza and should not be considered for consumer surplus.

Since Pia is willing to pay $13, and Sylvio is willing to pay $15, consumer surplus is:

S = (\$13-\$12)+(\$15-\$12)\\S=\$4

When the price of pizza is $12, a consumer surplus of $4 is achieved.

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