Solve the Following System of Equations by Graphing

question 21

Multiple Choice

Solve the following system of equations by graphing:

• A) (2, -1)
• B) No solution
• C) (0, 2)
• D) (2, -1)

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Definitions:

Productive

The efficiency at which an individual, company, or economy can convert input resources into useful output.

Diminish Profits

The reduction in the amount of earnings as a result of increased costs, decreased revenue, or both.

Economic Profit

The financial difference created by subtracting total explicit and implicit expenses from total revenue in a company.

Fixed Input

A resource or factor of production whose quantity does not change with the level of output in the short run.