Solve Using Matrices. -5x + 6y = 20 2x + 8y = 36

question 53

Multiple Choice

Solve using matrices.
-5x + 6y = 20 2x + 8y = 36

• A) (-2, 5)
• B) (5, 2)
• C) (-2, -5)
• D) (5, -2)

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Definitions:

Depression

An extended period of significant decline in economic activity across a country or the global economy, marked by high unemployment rates, low consumer spending, and decreased industrial output.

Unemployment Rate

The portion of the workforce currently unemployed but actively searching for work opportunities.

Opportunity Cost

The foregone benefit of the next best alternative when a decision is made to choose one option over another.

Allocative Efficiency

Occurs when no resources are wasted; it is not possible to make any person better off without making someone else worse off.