2. Beginning with the equation 4x =6, write the new equation produced by multiplying both sides by 8.
1 answer:
You might be interested in
Answer:
The solution is (2,6)
Step-by-step explanation:
Let
x-----> the number of hours to change a fuel injection unit
y-----> the number of hours to change a transmission
we know that
5x+10y=70 -----> equation A
8x+8y=64 -----> equation B
Solve the system of equations by graphing
Remember that the solution of the system of equations is the intersection point both graphs
The solution is the point (2,6)
see the attached figure
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;