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(Solved): Session 65322813 numerical question Suppose that a typical consumer basket for an economy is made up ...



Session 65322813 numerical question Suppose that a typical consumer basket for an economy is made up of two products pizza and beer. An average consumer in this economy purchases 2 pizzas and 6 beers in a week and these amounts do not change. The base year is 2010 . The price per pizza and per beer are below \table[[Year,Pizza

P_(p)

,Beer

P_(b)

,CPI (P),

\pi

The difference between the two outputs of a firm is 4 . Nine times the larger quantity is 13 times the smaller quantity. Write a system of equations describing the given conditions. Then solve the system and find the two output levels. Let

x

represent the larger quantity and

y

represent the smaller quantity. Type the equation for "The difference between two quantities is 4 ."

(Enter your response as an equation in terms of

x

and

y

.)

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