The steps we take to determine whether a number is a solution to an equation are the same whether the solution is a whole number, an integer, or a fraction.
Determine whether a number is a solution to an equation.
Substitute the number for the variable in the equation.
Simplify the expressions on both sides of the equation.
Determine whether the resulting equation is true. If it is true, the number is a solution. If it is not true, the number is not a solution.
Determine whether each of the following is a solution of
ⓐ
ⓑ
ⓒ
Solution
ⓐ
Change to fractions with a LCD of 10.
Subtract.
Since
does not result in a true equation,
is not a solution to the equation.
ⓑ
Subtract.
Since
results in a true equation,
is a solution to the equation
ⓒ
Subtract.
Since
does not result in a true equation,
is not a solution to the equation.
Addition, subtraction, and division properties of equality
For any numbers
Addition Property of Equality
Subtraction Property of Equality
Division Property of Equality
In other words, when you add or subtract the same quantity from both sides of an equation, or divide both sides by the same quantity, you still have equality.
Solve:
Solution
Subtract
from each side to undo the addition.
Simplify on each side of the equation.
Simplify the fraction.
Check:
Substitute
.
Rewrite as fractions with the LCD.
Add.
Since
makes
a true statement, we know we have found the solution to this equation.
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
When MP₁ becomes negative, TP start to decline.
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Economic growth as an increase in the production and consumption of goods and services within an economy.but
Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has
The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50.
A,Calculate quantities of x and y which maximize utility.
B,Calculate value of Lagrange multiplier.
C,Calculate quantities of X and Y consumed with a given price.
D,alculate optimum level of output .
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
