Choose the One Alternative That Best Completes the Statement or Answers

question 56

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-Suppose that $y = \frac { 2 - \log ( 100 - x ) } { 0.33 }$ can be used to calculate the number of years $y$ for $x$ percent of a population of 680 web-footed sparrows to die. Approximate the percentage (to the nearest whole per cent) of web-footed sparrows that died after 3 years.

• A) \(88 \%\)
• B) \(92 \%\)
• C) \(86 \%\)
• D) \(90 \%\)

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Definitions:

Profit-maximizing

A process where a business establishes the price and production scale that ensures the highest return.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period.

Two-part Tariff

A pricing strategy that includes a fixed fee plus a variable fee based on consumption or usage level.

Marginal Cost

The financial outlay required to produce a further unit of a product or service.