​Solve the System of Linear Equations Using Any Method,find (X,y) $\left\{ \begin{array} { l } 3 x + 8 y = 2 \\y = x - 5\end{array} \right.$

question 37

Multiple Choice

​Solve the system of linear equations using any method,find (x,y) . ​​ $\left\{ \begin{array} { l } 3 x + 8 y = 2 \\y = x - 5\end{array} \right.$ ​

• A)​ \(\left( \frac { 42 } { 11 } , - \frac { 13 } { 11 } \right)\)
• B)​ \(\left( \frac { 11 } { 42 } , \frac { 11 } { 26 } \right)\)
• C)​ \(\left( \frac { 42 } { 11 } , \frac { 26 } { 11 } \right)\)
• D)No solution
• E)​ \(\left( \frac { 84 } { 11 } , \frac { 78 } { 11 } \right)\)

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Definitions:

Legal Cartel Theory

A concept where a group of firms or entities legally agree to control production, pricing, or marketing of goods and services to dominate a market.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the number of units produced, indicative of cost per unit.

Price-fixing

An illegal agreement among competitors to set prices at a certain level, rather than letting them be determined naturally by the market.

Sherman Act

A foundational antitrust law in the United States enacted in 1890 to combat monopolies and restrictions on competition, promoting fair competition for the benefit of consumers.