Write an Algebraic Expression for the Quantities Being Compared $x + 12 =$

question 192

Multiple Choice

Write an algebraic expression for the quantities being compared.
-Evan works 12 hours per week more than Marc.

• A) \(x + 12 =\) no. of hours Evan works
• no. of hours Marc works
• B) \(12 - x =\) no. of hours Evan works \(x =\)
• no. of hours Marc works \(x =\)
• C) \(12 - x =\) no. of hours Marc works
• no. of hours Marc works
• D) \(x - 12 =\) no. of hours Evan works \(x =\)
• no. of hours Evan works \(x =\)

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Definitions:

Purely Competitive

Purely competitive markets are those in which numerous small firms compete against each other, and the price of goods or services is determined by the market with no single participant having significant control over it.

Imperfectly Competitive

Describes markets where individual sellers have some control over the prices due to lack of perfect competition, includes monopolistic competition, oligopoly, and monopoly markets.

Perfectly Competitive Market

A theoretical market structure characterized by many buyers and sellers, free entry and exit, and a homogeneous product, leading to an efficient allocation of resources.

Resource Demand

The need for resources by businesses or the economy to produce goods and services.