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Mathematics, 29.05.2021 04:00 ash9951
) It is assumed that consumption C depends on income Y and that this
relationship takes the form of the linear function C = a + bY. When Y is
GH¢600, C is observed to be GH¢660. When Y is 1,000, C is observed to
be GH¢900. What are the values of a and b in this function? Express C in
terms of Y only. Find the consumption if a family’s income is GH¢1,200
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) It is assumed that consumption C depends on income Y and that this
relationship takes the form of...
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