Write the Phrase as a Variable Expression

question 295

Multiple Choice

Write the phrase as a variable expression. Use x to represent "a number."
-111 less a number

• A) 111x
• B) 111
• C) 111-x
• D) x+111

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Definitions:

Long Run

An economic phase where every production factor and cost can adjust completely to alterations, due to their variable nature.

Most Efficient Output

The level of production at which a firm or economy can produce goods at the lowest average cost, maximizing efficiency.

Profit-Maximizing

The process by which a company determines the price and output level that returns the highest profit.

Loss-Minimizing

A strategy or position where a firm aims to reduce its losses to the lowest possible level under adverse conditions, often by adjusting production.