Identify the Equation as a Parabola, Circle, Ellipse, or Hyperbola $x ^ { 2 } + y ^ { 2 } = 9$

question 69

Multiple Choice

Identify the equation as a parabola, circle, ellipse, or hyperbola.
- $x ^ { 2 } + y ^ { 2 } = 9$

• A) Parabola
• B) Hyperbola
• C) Ellipse
• D) Circle

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Definitions:

Short-run Production Function

A mathematical representation of the relationship between a firm's output and the amounts of inputs used, assuming some inputs are fixed.

Variable Factor

An input in the production process that can be adjusted in the short term to change the output level, such as labor or raw materials.

Fixed Factors

Elements of production that cannot be easily increased or decreased in the short term, such as land, buildings, or capital equipment.

Weak Axiom

A principle or condition in economics that provides a minimal criterion for consumer choice consistency under certain assumptions.