Simplify Express Your Answer with Positive Exponents $x^{-2}$ A) $\frac { 1 } { x ^ { 2 } }$

question 21

Multiple Choice

Simplify. Express your answer with positive exponents. Assume that all variables are nonzero.
- $x^{-2}$

• A) \(\frac { 1 } { x ^ { 2 } }\)
• B) \(- x ^ { 2 }\)
• C) \(x ^ { 1 / 2 }\)
• D) \(= -\frac { 1 } { x ^ { 2 } }\)

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Definitions:

Price Ceiling

A government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers.

Price Floor

A government-imposed minimum price charged for a good or service, typically above the equilibrium price, to prevent prices from falling too low.

Equilibrium Price

The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to a stable market condition.

Surplus

The situation in which the quantity of a good or service supplied exceeds the quantity demanded at the current price; often occurs in markets where a price ceiling prevents the price from rising to its equilibrium level.