Solve the System as Matrix Equations Using Inverses

question 34

Multiple Choice

Solve the system as matrix equations using inverses.
-There were 340 people at a play. The admission price was $2 for adults and $1 for children. The admission receipts were $490. How many adults and how many children attended?

• A) 150 adults and 190 children
• B) 95 adults and 245 children
• C) 122 adults and 218 children
• D) 190 adults and 150 children

Understand the basic financial statements and their components.

Comprehend the concept of risk and return in investments.

Identify the calculation and interpretation of return on assets.

Recognize the principles of financial accounting and reporting.

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Definitions:

Scarcity

The state of being in short supply; a situation where resources are insufficient to satisfy the needs or wants of individuals or societies.

Reactance

A psychological response that occurs when people feel their freedom to choose is being limited, prompting a motivation to regain that freedom.

Restricted Choices

A situation characterized by limited options or alternatives available for selection.

Ethical Resistance

The act of opposing actions or decisions that violate moral principles or codes of conduct.