Decide Whether the Equation Is an Identity, a Conditional Equation $$24 ( x - 3 ) = 2 ( 12 x - 1 ) - 70$$

question 340

Multiple Choice

Decide whether the equation is an identity, a conditional equation, or a contradiction. Give the solution set.
- $$24 ( x - 3 ) = 2 ( 12 x - 1 ) - 70$$

• A) Contradiction; \(\varnothing\)
• B) Conditional; \(\{ - 72 \}\)
• C) Identity; {all real numbers }
• D) Conditional; \(\{ 0 \}\)

---

Definitions:

Price of a Book

The amount of money required to purchase a book, determined by factors like demand, production costs, and publisher pricing strategies.

Indifference Curves

Graphical representations that show combinations of two goods among which a consumer is indifferent, meaning each combination gives the consumer the same satisfaction or utility.

Budget Constraints

The limitations on the consumption bundles that a consumer can afford, given their income and the prices of goods and services.

Relative Prices

The price of one good or service compared to another, usually expressed as a ratio.