An Equation That Models the Number of Users of the Internet

question 55

Multiple Choice

An equation that models the number of users of the Internet is million users, where x is the number of years past 1990 (Source: CyberAtlas, 1999) . If the pattern indicated by the model remains valid, when does this model predict there will be 1,100 million users? ​

• A)2004
• B)2021
• C)2014
• D)2007
• E)2005

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Definitions:

Cost Of Capital

The return rate that a company must earn on its investment projects to maintain its market value and attract funds.

Cost Of Labor

The total expense incurred by employers to compensate their workforce, including wages, salaries, benefits, and other related costs.

Slope

In mathematics, the slope is the measure of the steepness or the inclination of a line or a segment of a line connecting two points.

Isocost Line

In economics, a line that represents all combinations of a firm’s factors of production that have the same total cost.