For the Equation 5x + Y = 7, Write the Solution

question 31

Multiple Choice

For the equation 5x + y = 7, write the solution in ordered pair form if y = 2.

• A)(2, 1)
• B)(2, -3)
• C)(-3, 2)
• D)(1, 2)

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Definitions:

Allocate Money Income

The process of distributing financial resources among different uses to satisfy various needs and desires.

Elasticity

A measure in economics that shows how the quantity demanded or supplied of a good changes in response to price or other economic factors.

Marginal Utility

The additional satisfaction or benefit (utility) that a consumer gains from consuming one more unit of a good or service.

Consumer Behavior

Consumer behavior examines the decision-making processes and actions of individuals or groups in purchasing and using goods and services.