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Graph the Equations to Determine Whether the System Has Any {3xy=21x2y2=49\left\{ \begin{array} { r } 3 x - y = 21 \\x ^ { 2 } - y ^ { 2 } = 49\end{array} \right.

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Graph the equations to determine whether the system has any solutions. Find any solutions that exist. {3xy=21x2y2=49\left\{ \begin{array} { r } 3 x - y = 21 \\x ^ { 2 } - y ^ { 2 } = 49\end{array} \right.


Definitions:

Perfect Competition

A market structure characterized by many buyers and sellers, homogenous products, and free entry and exit from the market.

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, allowing for product differentiation.

Perfect Competitors

Firms in a market structure characterized by many sellers offering identical products, where no single seller can influence market prices.

Monopolistic Competitors

Firms operating in a market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power.

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