Perform the Requested Operation on the Given Function $$f ( x ) = x + 3 , g ( x ) = x - 4$$

question 49

Multiple Choice

Perform the requested operation on the given function.
- $$f ( x ) = x + 3 , g ( x ) = x - 4$$
Find $( f + g ) ( - 5 )$ .

• A) \(- 3\)
• B) \(- 11\)
• C) \(- 17\)
• D) \(- 9\)

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Definitions:

Allocative Efficiency

A state of the economy in which resources are allocated in a way that maximizes the total benefit to society.

Collusive Oligopoly

A market structure where a few firms dominating the market agree to set prices or output levels, reducing competition and maximizing collective profits.

Limit Pricing

A strategy where a firm sets the price of its products low enough to discourage new competitors from entering the market.

Price Leadership

A strategy where a leading firm sets prices that other firms in the market follow.