Does the System Have a Unique Solution, No Solution, or Many

question 33

Multiple Choice

Does the system have a unique solution, no solution, or many solutions?
- $$\left\{ \begin{array} { l } x + y = 7 \\x + y = 8\end{array} \right.$$

• A) A unique solution
• B) No solution
• C) Many solutions

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Definitions:

Normal Credit Balance

Refers to the expected balance type (credit) for certain accounts in accounting, such as revenues, liabilities, and equity accounts.

Liabilities

Financial obligations or debts that a company is required to pay in the future.

Revenues

The total income generated by a company from its business activities, typically from the sale of goods and services to customers.

Common Stock

A type of security representing ownership in a corporation, giving holders a share of profits in the form of dividends and voting rights in corporate matters.