Provide an Appropriate Response $y = 2 ^ { x }$

question 416

Multiple Choice

Provide an appropriate response.
-What are the domain and range for the equation $y = 2 ^ { x }$ ?

• A) Domain: \(( \infty , \infty )\); range: \(( 0 , \infty )\)
• B) Domain: \(( 0 , \infty )\); range: \(( \infty , \infty )\)
• C) \(( \infty , \infty )\); range: \([ 0 , \infty )\)
• D) Domain: \(( \infty , \infty )\); range: \(( \infty , \infty )\)

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Definitions:

Subsidies

Financial assistance provided by the government to individuals or businesses to support economic activities deemed beneficial for the public.

Socially Optimal

A state in which resources are allocated in the most efficient way from a societal perspective, maximizing overall welfare or social utility.

Output Quantity

The amount of goods or services produced by a company or sector during a specific period.

Social Planner

An idealized figure in economic theory responsible for designing economic policies or interventions to achieve optimal allocation of resources and welfare in a society.