Without Graphing, Determine the Number of Solutions Of $$\left\{ \begin{array} { l } 4 y = - 2 x + 4 \\4 x + 8 y = 5\end{array} \right.$$

question 55

Multiple Choice

Without graphing, determine the number of solutions of: $$\left\{ \begin{array} { l } 4 y = - 2 x + 4 \\4 x + 8 y = 5\end{array} \right.$$

• A)No solutions
• B)One solution
• C)Two solutions
• D)Infinitely many solutions

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Definitions:

Competitive Market

A market structure characterized by a large number of sellers and buyers, where no single entity can dictate prices or market conditions.

Market Price

The current price at which a good or service can be bought or sold in a given market.

Economic Profits

Profits calculated by subtracting both explicit and implicit costs from total revenues, representing the additional income earned over and above the opportunity costs.

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit, and a product for which each seller offers an identical product.