The equilibrium prices X and y for two goodssatisfy the equations4x + 2Y = 104x -4Y =15find the values of xfind the values of Y

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The equilibrium prices X and Y for two goods satisfy the equations 4x + 2Y = 10 4x -4Y =15

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The equilibrium prices X and y for two goods
satisfy the equations
4x + 2Y = 10
4x -4Y =15
find the values of x
find the values of Y

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