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asked • 09/24/14

Modulus and power functions

The rates of return from firms A, B and C are x%, y% and 5% respectively. Firm A's rate differs from firm B's rate by half the difference in the rates between firm B and firm C. Find the possible expressions of y in terms of x, given that y>5.
 
Ans: y=2/3 x + 5/3 or y=2x-5
 
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