Solve the Problem. -One Number Is 7 Less Than a Second Number. Twice

question 44

Multiple Choice

Solve the problem.
-One number is 7 less than a second number. Twice the second number is 2 less than 4 times the first. Find the two numbers.

• A)-15 and -8
• B)8 and 15
• C)7 and 14
• D)9 and 16

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Definitions:

Output

The total quantity of goods or services produced by a firm, sector, or economy within a certain period of time.

Explicit Costs

Payments by a firm to purchase the services of productive resources.

Implicit Costs

The opportunity costs associated with a firm’s use of resources that it owns. These costs do not involve a direct money payment. Examples include wage income and interest forgone by the owner of a firm who also provides labor services and equity capital to the firm.

Total Cost

The complete amount of money required for the production of a specific quantity of goods or services, including both fixed and variable costs.