What Is the Equation of a Parabola with Vertex

question 49

Short Answer

What is the equation of a parabola with vertex (-4,-4) that passes through (0,0) and has its axis of symmetry parallel to the y -axis?

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Definitions:

Price Ceilings

An imposed limit on the price charged for a product or service, often set by government regulation to protect consumers from excessively high prices.

Market Intervention

Market intervention is the action taken by a government or a regulatory authority to affect the market for a particular good or service, typically to correct market failures.

Price Floor

A government- or authority-imposed price control or limit on how low a price can be charged for a product, service, or commodity.

Quantity Supplied

The supply of a product or service that vendors are willing and capable of providing at a specific price during a definite period.