3/16/2021 EPPD1013 MICROECONOMICS 1 SET 2| 1/20202021-Choo Wei Sheng

Course: EPPD1013 MICROECONOMICS 1 SET 2|

Student: Choo Wei Sheng
1/20202021
Instructor: Riayati Ahmad
Book: Perloff: Microeconomics, 8e, Global Edition
Date: 3/16/21
Time: 2:30 PM

Solve the system.

8Q + 9p = 0
Q − 2p = 0

To use the substitution method, solve either of the equations for one variable in terms of the other. Since the coefficient of Q is 1
in the second equation, solve the second equation for Q in terms of p.

Q − 2p = 0
Q = 2p Solve for Q.

Next, substitute this expression for Q into the other equation.

8Q + 9p = 0
8(2p) + 9p = 0 Substitute 2p for Q.

Notice the equation is now in terms of one variable, p. Solve this equation for p.

8(2p) + 9p = 0
16p + 9p = 0 Multiply on the left side.

Combine like terms on the left side.

25p = 0

Divide both sides by 25 and simplify to find p.

25p 0
= Divide both sides by 25.
25 25
p=0 Simplify.

Now find the Q-value by back-substituting the p-value, p = 0, into equation Q = 2p.

Q = 2p
Q = 2(0) Substitute 0 for p.
Q = 0 Simplify.

Check the solution by substituting the answer in the original equations and verifying that true statements result.

8Q + 9p = 0 and Q − 2p = 0
? ?
8(0) + 9(0) 0 0 − 2(0) 0
= =
? ?
0+0 0 0−0 0
= =
0 = 0 True. 0 = 0 True.

Thus, the solution set is {(0,0)}.

https://xlitemprod.pearsoncmg.com/api/v1/print/en-us/econ 1/1