Classify the System as Consistent or Inconsistent, and Dependent or Independent

question 58

Multiple Choice

Classify the system as consistent or inconsistent, and dependent or independent.
-5x - 25y = 20
$y = \frac { 1 } { 5 } x - \frac { 4 } { 5 }$

• A)Consistent and independent
• B)Consistent and dependent
• C)Inconsistent and independent
• D)Inconsistent and dependent

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Definitions:

Price Ceiling

A legally established maximum price that can be charged for a product or service, often set by government to prevent prices from reaching excessively high levels.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers, resulting in a state of balance.

Surplus

The situation in which the quantity supplied of a good exceeds the quantity demanded, often leading to a decrease in prices.

Government Programs

Initiatives launched by the government aimed at achieving specific policy outcomes, ranging from social welfare to economic stimulation.