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Math Ch. 1 Terms Exam Questions with correct Answers 2024/2025( A+ GRADED 100% VERIFIED).
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Math Ch. 1 Terms Exam Questions with correct Answers 2024/2025( A+ GRADED 100% VERIFIED).
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Math Ch. 1 TermsWhat is the difference quotient? - ANS f(x+h)-f(x)/h
This formula finds the slope of the line between two points on the graph of a function. - ANS
The Difference Quotient
__________ or income is the amount of money the company receives from selling its product. -
ANS Revenue
if r<c the company ________ money - ANS loses
if r=c the company what? - ANS breaks even
if r>c, the company makes a ____________. - ANS Profit
How do I calculate profit? - ANS Revenue-Cost
What is the formula for cost function? - ANS c(x)=a+bx
c=fixed + variable costs
What is the formula for the price-demand function? - ANS p(x)=m-n:x
What is the formula for revenue function? - ANS r(x)=x times p ===
x(m-n times x)
__ equals the number of items sold times the price per item. - ANS Revenue
What is the profit function formula? - ANS p(x)= r(x)-c(x)=x(m-n times x) - (a+b times x)
What function always uses the lowercase p? - ANS Price Function
______________=price x quantity - ANS Revenue
Profit= - ANS Revenue-cost
Functions whose definitions involve more than one rule are called: - ANS Piecewise-defined
functions
What is the standard equation of a line? - ANS ax+by=c
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