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Solve the System Graphically {xy+5x=24yx+y=54\left\{ \begin{array} { l } x y + 5 x = 24 \\\frac { y } { x } + y = \frac { 5 } { 4 }\end{array} \right.

question 160

Multiple Choice

Solve the system graphically.
- {xy+5x=24yx+y=54\left\{ \begin{array} { l } x y + 5 x = 24 \\\frac { y } { x } + y = \frac { 5 } { 4 }\end{array} \right.
 Solve the system graphically. - \left\{ \begin{array} { l }  x y + 5 x = 24 \\ \frac { y } { x } + y = \frac { 5 } { 4 } \end{array} \right.    A)   \left( - \frac { 3 } { 4 } , - 4 \right)   B)   \left( \frac { 19 } { 4 } , \frac { 1 } { 25 } \right)  , ( - 1 , - 29 )   C)   ( 4,1 )  , \left( - \frac { 24 } { 25 } , - 30 \right)   D)   ( 4,1 )


Definitions:

Equilibrium Level

The point at which market supply equals market demand, leading to a stable situation where there is neither excess demand nor excess supply.

Equilibrium Price

The price at which the quantity of a good or service supplied is equal to the quantity demanded, resulting in no net surplus or shortage in the market.

Natural Gas

A fossil fuel used as a source of energy for heating, cooking, and electricity generation, consisting primarily of methane.

Supply And Demand

The fundamental economic model that explains the interaction between the quantity of a good or service that producers wish to sell and the quantity that consumers wish to buy.

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