Simplify the Polynomial by Combining Like Terms $$\left( 7 x ^ { 6 } + 9 x ^ { 5 } + 4 x \right) + \left( 4 x ^ { 6 } - 3 x ^ { 5 } + 5 x \right)$$

question 327

Multiple Choice

Simplify the polynomial by combining like terms.
- $$\left( 7 x ^ { 6 } + 9 x ^ { 5 } + 4 x \right) + \left( 4 x ^ { 6 } - 3 x ^ { 5 } + 5 x \right)$$

• A) \(11 x ^ { 6 } + 6 x ^ { 5 } + 9 x\)
• B) \(26 \mathrm { x } ^ { 12 }\)
• C) \(8 x ^ { 6 } + 4 x ^ { 5 } + 14 x\)
• D) \(11 x + 6 x ^ { 6 } + 9 x ^ { 5 }\)

Recognize the impact of supply and demand changes on market outcomes.

Apply knowledge of elasticity to real-world scenarios such as agricultural production, tuition fees, and pricing strategies.

Interpret graphical representations of demand and understand how they relate to total revenue.

Identify situations where demand is likely to be elastic or inelastic based on the nature of the product or service.

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Definitions:

Production Techniques

Methods or processes used in the transformation of inputs into outputs in the production of goods or services.

Elastic

In economics, the term "elastic" refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price. High elasticity means the quantity demanded or supplied changes significantly with price changes.

Imperfectly Competitive Market

A market structure where individual firms have some control over the price of their products due to factors like product differentiation or few competitors.

Purely Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and homogeneous products.