Assume That Y Is Directly Proportional to X $y = \frac { 3 } { 5 } x$

question 41

Multiple Choice

Assume that y is directly proportional to x.If x = 28 and y = 21, determine a linear model that relates y and x.

• A) \(y = \frac { 3 } { 5 } x\)
• B) \(y = \frac { 4 } { 3 } x\)
• C) \(y = \frac { 3 } { 4 } x\)
• D) \(y = \frac { 2 } { 3 } x\)
• E) \(y = \frac { 3 } { 2 } x\)

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in a market, leading to market stability.

Units Of Output

A quantifiable count of the products or goods produced by a company or an industry.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, decreasing as more is produced.

Short Run

A time period in economics where at least one factor of production is fixed, limiting the ability of businesses to adjust to changing market conditions.