Maths for Business TMA Week 1
Question 1
A magazine pays different rates for Star Letters and Readers' Letters.
In June the magazine editor paid out £1090 for 3 Star Letters and 8 Readers'
Letters.
In July £1180 was paid out for 2 Star Letters and 11 Readers' Letters.
How much does the magazine pay for each type of letter?

Star Letter Costs: £150

Reader Letter Costs: £80

Explanation:

Represent Star Letters with S and Reader's Letters with R

Given

Required

Determine the value of R and S

Multiply the first equation by 2 and the second equation by 3; to eliminate S

Subtract the resulting equations

Divide both sides by -17

Substitute 80 for R in the first equation

Subtract 640 from both sides

Divide both sides by 3

Hence:

Star Letter Costs: £150

Reader Letter Costs: £80

d, conspicuous consumption is when you try to increase your wealth or social status (and in the case he's trying to create the perception of wealth considering he can't really afford it)

idk

explanation:

bc why nah