Write an Equation for the Graph Given $- 3 ^ { - x } + 4$

question 46

Multiple Choice

Write an equation for the graph given. The graph represents an exponential function f with base 2 or 3, translated and/or
reflected.
-

• A) \(- 3 ^ { - x } + 4\)
• B) \(- 3 ^ { x } + 4\)
• C) \(3 ^ { - x } + 4\)
• D) \(- 3 ^ { - x } - 4\)

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Definitions:

Natural Monopoly

A market structure where a single supplier efficiently provides all the goods or services due to high fixed or start-up costs, making it impractical for multiple firms to operate.

Long-run Average Costs

The average cost per unit of output when all factors of production - including capital - can be varied, typically showing economies of scale.

Economies of Scale

The economic gains experienced by companies due to their operational scope, with per-unit production costs usually falling as the operational size expands.

Imperfectly Competitive

A market structure where individual sellers have some control over the price due to lack of perfect competition, leading to a variety of prices for similar products.