Solve the System by Substitution $\begin{array} { r } - 2 x + y = - 2 \\x = y + 2\end{array}$

question 123

Multiple Choice

Solve the system by substitution.
$\begin{array} { r } - 2 x + y = - 2 \\x = y + 2\end{array}$

• A) (0, -2)
• B) (2, 0)
• C) (-2, 0)
• D) (0, 2)

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Definitions:

Economic Profit

The surplus remaining after total costs are subtracted from total revenue, considering both explicit and implicit costs.

Zero Profit

A situation where a firm's total revenues are exactly equal to its total costs, leading to no net gain or loss.

Breaking Even

The situation in which a firm is earning exactly a normal rate of return.

Economic Profit

This refers to the surplus remaining after subtracting both visible and hidden costs from total revenues, highlighting a firm's genuine financial gain.