Decide Whether or Not the Equations Are Equivalent $\begin{array} { l } 2 x - 3 = 8 \\- 2 x - 3 = 8\end{array}$

question 284

Multiple Choice

Decide whether or not the equations are equivalent.
- $\begin{array} { l } 2 x - 3 = 8 \\- 2 x - 3 = 8\end{array}$

• A) Not equivalent
• B) Equivalent

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Definitions:

LIFO

"Last In, First Out" - an inventory valuation method where the most recently produced or purchased items are recorded as sold first.

FIFO

"First-In, First-Out," an inventory valuation method where goods first purchased or produced are the first to be sold or used.

Weighted Average

Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a dataset, assigning weights to some of the numbers more than others.

Inventory Carrying Cost

The total cost of holding inventory, which includes warehousing, depreciation, obsolescence, spoilage, insurance, and taxes, among others.