Choose the One Alternative That Best Completes the Statement or Answers

question 62

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
Solve the equation.
- $$2 x ( 3 x - 1 ) ( x + 7 ) ^ { 2 }$$

• A) \(\left\{ 0 , \frac { 1 } { 3 } , \pm 7 \right\}\)
• B) \(\left\{ \frac { 1 } { 3 } , - 7 \right\}\)
• C) \(\left\{ 0 , \frac { 1 } { 3 } , - 7 \right\}\)
• D) \(\{ 0,3 , \pm 7 \}\)

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Definitions:

Elasticity of Demand

A quantification of how price changes influence the amount of a good that is demanded.

Marginal Cost

The supplementary cost involved in creating one more unit of a product or service.

Monopoly

A monopoly is a market structure characterized by a single seller controlling a large portion of the market, lacking significant competition, and often able to influence prices.

Natural Monopoly

A market structure where a single firm can produce the entire market's supply at a lower cost than could multiple firms due to economies of scale.