Solve the System of Equations Using the Addition Method $$\begin{array} { r } 5 x + 35 y = 35 \\9 x - 5 y = - 5\end{array}$$

question 86

Multiple Choice

Solve the system of equations using the addition method.
- $$\begin{array} { r } 5 x + 35 y = 35 \\9 x - 5 y = - 5\end{array}$$

• A)(1, 0)
• B)(1, 1)
• C)(0, 0)
• D)(0, 1)

Identify and calculate socially optimal quantities and prices in markets affected by externalities.

Analyze the effects of positive and negative externalities on private and social costs and benefits.

Evaluate the role of government interventions such as taxes, subsidies, and regulations in correcting market inefficiencies caused by externalities.

Distinguish between private and social values/costs in the context of externalities.

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