The Graph of a Function F Is Given $\mathrm { f } ^ { - 1 } ( \mathrm { x } )$

question 413

Multiple Choice

The graph of a function f is given. Use the graph to find the indicated value.
-Let f(x) compute the time in hours to travel x miles at 39 miles per hour. What does $\mathrm { f } ^ { - 1 } ( \mathrm { x } )$ compute?

• A) The hours taken to travel 39 miles
• B) The miles traveled in x hours at 39 miles per hour
• C) The hours taken to travel x miles at 39 miles per hour
• D) The miles traveled in 39 hours

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Definitions:

Labor Demand Curve

A graphical representation that shows the relationship between the quantity of labor demanded by firms and the wage rate.

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit, and a homogeneous product.

Marginal Product

The extra output generated from adding a single unit of a specific input, with all other inputs remaining unchanged.

Market Wage

Market wage is the prevailing rate of pay for a specific job in the labor market, determined by the supply and demand for labor specific to that job.