Determine the X- and Y-Intercepts for the Given Function $$g ( x ) = - 7 x - 15$$

question 81

Multiple Choice

Determine the x- and y-intercepts for the given function.
- $$g ( x ) = - 7 x - 15$$

• A) \(x\)-intercept: \(( 0 , - 15 ) ; y\)-intercept: \(( 22,0 )\)
• B) \(x\)-intercept: \(\left( - \frac { 15 } { 7 } , 0 \right) ; y\)-intercept: \(( 0 , - 15 )\)
• C) \(x\)-intercept: \(\left( 0 , - \frac { 15 } { 7 } \right) ; y\)-intercept: \(( - 15,0 )\)
• D) \(x\) - and \(y\)-intercept: \(( 0,0 )\)

Differentiate between absolute and comparative advantages in real-world scenarios.

Understand the concept of comparative advantage and how it determines production specialization between countries or individuals.

Identify the relationship between opportunity costs and comparative advantage.

Distinguish between absolute and comparative advantage.

---

Definitions:

Compound-Interest GIC

A Compound-Interest Guaranteed Investment Certificate (GIC) is a financial product that pays interest on your initial investment, with the interest being compounded at specified intervals, leading to increased returns over time.

Compounded Semiannually

The calculation of interest where it is added to the principal twice a year, resulting in the interest earning interest semiannually.

Maturity Value

The total amount payable to an investor at the end of a fixed term investment, including principal and interest.

Annual Growth Rate

The yearly rate at which an investment or part of the economy grows.