Solve the System of Equations $y + 3 z = 5$

question 58

Multiple Choice

Solve the system of equations.
- $y + 3 z = 5$
$+ \mathrm { z } = 2$
$x + 3 y + z = 5$

• A) \(\{ ( 0,1,2 ) \}\)
• B) \(\{ ( 2,0,1 ) \}\)
• C) \(\{ ( 2,1,0 ) \}\)
• D) \(\{ ( 1,0,2 ) \}\)

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Definitions:

Quota Rent

The extra profit that producers can make when supply is artificially restricted by an import quota.

Demand Price

The highest price that consumers are willing to pay for a good or service at a given quantity.

Supply Price

The lowest price at which a seller is willing to sell a good or service, influenced by costs of production and market demand.

Quota Rent

The earnings exceeding normal profits received by license holders when import quotas are in place.