The Function F Described by F(C)= $\frac { 9 } { 5 }$

question 214

Multiple Choice

The function F described by F(C) = $\frac { 9 } { 5 }$ C+32 gives the Fahrenheit temperature corresponding to the Celsius
temperature C . Find and interpret F(-20) .

• A) \(- 112 ^ { \circ } \mathrm { F } : \mathrm { A }\)temperature of \(- 20 ^ { \circ } \mathrm { C }\) is equivalent to \(- 112 ^ { \circ } \mathrm { F }\)
• B) \(- 4 ^ { \circ } \mathrm { F } ; \mathrm { A }\)temperature of \(- 20 ^ { \circ } \mathrm { C }\) is equivalent to \(- 4 ^ { \circ } \mathrm { F }\)
• C) \(- 4 ^ { \circ } \mathrm { F } : \mathrm { A }\)temperature of \(- 4 ^ { \circ } \mathrm { C }\) is equivalent to \(- 20 ^ { \circ } \mathrm { F }\)
• D) \(- 40 ^ { \circ } \mathrm { F } ; \mathrm { A }\)temperature of \[- 20 ^ { \circ } \mathrm { C }\] is equivalent to \[- 40 ^ { \circ } \mathrm { F }\]

Recognize the role of resources in economic activities and their categorization.

Identify the purpose and scope of economics in analyzing social problems and resource allocation.

Understand the significance of capital in economics and differentiate between types of goods.

Recognize that wants can be satisfied temporarily, but new desires emerge, reflecting the ongoing nature of scarcity.

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Definitions:

R&D Decisions

Choices made by businesses or governments regarding the allocation of resources for research and development to innovate or improve products and services.

Loanable Funds Theory

An economic theory that describes the market interaction between borrowers and lenders, determining the equilibrium interest rate.

Equilibrium Interest Rate

The interest rate at which the demand for money to borrow is equal to the supply of money available to lend in the financial markets.

Loanable Funds

This refers to the resources or funds available for borrowing in the financial markets, used for investments and purchases.