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Fourty liters of a 40% acid solution is obtained by mixing a 28% solution with a 50% solution.Write a system of equations in which one equation represents the amount of final mixture required and the other represents the percent of acid in the final mixture.Let x and y represent the amounts of the 28% and 50% solutions, respectively.
Price
The sum of currency anticipated, required, or given in transaction for something.
Demand
The desire and ability of consumers to purchase goods and services at various prices.
Law of Demand
States that, all other factors being equal, as the price of a good increases, demand for that good decreases, and vice versa.
Quantity Demanded
The amount of a good or service that consumers are willing and able to purchase at a specific price.
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