Determine Whether the Given Relationship Defines a Function

question 150

Multiple Choice

Determine whether the given relationship defines a function. If so, identify the independent and dependent variable, and
why the relationship is a function.
-The temperature t on a backyard thermometer at 5 pm on a given day x.

• A) Yes; x, t; there is one temperature t on any given day x at 5 pm.
• B) No

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Definitions:

Economic Loss

Refers to the reduction in total revenue that is greater than the total cost of a business, leading to a negative profit scenario.

Economic Efficiency

A state where resources are allocated in a way that maximizes the production of goods and services while minimizing waste and inefficiencies.

Fundamental Questions

Basic economic questions that include what to produce, how to produce, and for whom to produce, reflecting scarcity and resource allocation.