Select the Correct Graph for the Given Function ​

question 21

Multiple Choice

Select the correct graph for the given function ​ ​

• A)​
• B)​
• C)​
• D)​

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Definitions:

Maximize Utility

The economic theory or objective of achieving the highest level of satisfaction possible with available resources.

Borda Count

A voting method in which voters rank candidates or options, and points are assigned based on the position in which each option is ranked, used to determine a consensus winner.

Independence of Irrelevant Alternatives

A principle in decision theory stating that the preference between two options should not change because of the introduction of new alternatives.

Median Voter

A theoretical concept that suggests the outcome of a majority vote is most likely to represent the preferences of the voter who is in the middle of the political spectrum.