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This module is from Elementary Algebra by Denny Burzynski and Wade Ellis, Jr. Beginning with the graphical solution of systems, this chapter includes an interpretation of independent, inconsistent, and dependent systems and examples to illustrate the applications for these systems. The substitution method and the addition method of solving a system by elimination are explained, noting when to use each method. The five-step method is again used to illustrate the solutions of value and rate problems (coin and mixture problems), using drawings that correspond to the actual situation.Objectives of this module: become more familiar with the five-step method for solving applied problems, be able to solve number problems, be able to solve value and rate problems.

Overview

  • The Five-Step Method
  • Number Problems
  • Value and Rate Problems: Coin Problems Problems and Mixture Problems

The five-step method

When solving practical problems, it is often more convenient to introduce two variables rather than only one. Two variables should be introduced only when two relationships can be found within the problem. Each relationship will produce an equation, and a system of two equations in two variables will result.

We will use the five-step method to solve these problems.

  1. Introduce two variables, one for each unknown quantity.
  2. Look for two relationships within the problem. Translate the verbal phrases into mathematical expressions to form two equations.
  3. Solve the resulting system of equations.
  4. Check the solution.
  5. Write a conclusion.

Sample set a (number problems)

The sum of two numbers is 37. One number is 5 larger than the other. What are the numbers?

Step 1: Let  x = smaller number . y = larger number .

Step 2:  There are two relationships.
     (a) The Sum is 37.
         x + y = 37
     (b) One is 5 larger than the other.
         y = x + 5
        { x + y = 37 y = x + 5 ( 1 ) ( 2 )

Step 3:   { x + y = 37 y = x + 5 ( 1 ) ( 2 )
 We can easily solve this system by substitution. Substitute x + 5 for y in equation 1.
      x + ( x + 5 ) = 37 x + x + 5 = 37 2 x + 5 = 37 2 x = 32 x = 16 Then, y = 16 + 5 = 21. x = 16 , y = 21

Step 4:  The Sum is 37.
      x + y = 37 16 + 21 = 37 Is this correct? 37 = 37 Yes, this is correct .
 One is 5 larger than the other.
      y = x + 5 21 = 16 + 5 Is this correct? 21 = 21 Yes, this is correct .

Step 5:  The two numbers are 16 and 21.

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Practice set a

The difference of two numbers is 9, and the sum of the same two numbers is 19. What are the two numbers?

Step 1:


Step 2:


Step 3:


Step 4:


Step 5:

The two numbers are 14 and 5.

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Value and rate problems: coin problems problems and mixture problems

The problems in Sample Sets B and C are value problems . They are referred to as value problems because one of the equations of the system used in solving them is generated by considering a value, or rate, or amount times a quantity .

Sample set b (coin problems)

A parking meter contains 27 coins consisting only of dimes and quarters. If the meter contains $4.35, how many of each type of coin is there?

Step 1: Let  D = number of dimes . Q = number of quarters .

Step 2:  There are two relationships.
     (a)  There are 27 coins.   D + Q = 27.
     (b) Contribution due to dimes = ''Contribution due to dimes' is equal to ten D. Ten is labeled as 'Value' and D is labeled as 'Quantity.' 'Value' and 'Quantity' have a multiplication dot between them. 'Contribution due to quarters' is equal to twenty-five Q. Twenty-five is labeled as 'Value' and Q is labeled as 'Quantity.' 'Value' and 'Quantity' have a multiplication dot between them.
       Contribution due to quarters = ''Contribution due to dimes' is equal to ten D. Ten is labeled as 'Value' and D is labeled as 'Quantity.' 'Value' and 'Quantity' have a multiplication dot between them. 'Contribution due to quarters' is equal to twenty-five Q. Twenty-five is labeled as 'Value' and Q is labeled as 'Quantity.' 'Value' and 'Quantity' have a multiplication dot between them.

        10 D + 25 Q = 435 { D + Q = 27 10 D + 25 Q = 435 ( 1 ) ( 2 )

Step 3:   { D + Q = 27 10 D + 25 Q = 435 ( 1 ) ( 2 )
 We can solve this system using elimination by addition. Multiply both sides of equation ( 1 ) by 10 and add.

      10 D 10 Q = 270 10 D + 25 Q = 435 15 Q = 165 Q = 11 Then,  D + 11 = 27 D = 16 D = 16 , Q = 11

Step 4:  16 dimes and 11 quarters is 27 coins.
      10 ( 16 ) + 11 ( 25 ) = 435 Is this correct? 160 + 275 = 435 Is this correct? 435 = 435 Yes, this is correct .
 The solution checks.

Step 5:  There are 11 quarters and 16 dimes.

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Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
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innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
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i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, Elementary algebra. OpenStax CNX. May 08, 2009 Download for free at http://cnx.org/content/col10614/1.3
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