Determine If the Given Ordered Triple Is a Solution of the System

question 103

Multiple Choice

Determine if the given ordered triple is a solution of the system.
- $\left\{ \begin{array} { l } 1 , - 2,2 ) \\ x - y + z = 5 \\ x + y + z = 1 \\ x + y - z = - 3 \end{array} \right.$

• A) solution
• B) not a solution

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Definitions:

Optimal Input Demands

The combination of inputs that minimizes the cost of producing a given output or maximizes output for a given cost.

Expenditures

Money spent on goods, services, or other expenses.

Scale Economies Index

A measurement that assesses the advantages a business gains due to the scale of its operation, typically resulting in reduced costs per unit as production increases.

Cost-Output Elasticity

The responsiveness of the cost of producing a good or service to changes in the level of output.