A Bottle Contains 16 Ounces of Water $x$ Represents the Volume, in Ounces, of Water Remaining in the Represents

question 59

Essay

A bottle contains 16 ounces of water. The variable $x$ represents the volume, in ounces, of water remaining in the bottle after the first drink is taken. What are the natural bounds for the values of $x$ ? Is $x$ discrete or continuous? Explain.

---

Definitions:

Limited Wants

The concept that the desires or needs of human beings are finite or restricted due to limited resources and time.

Tradeoff

A scenario in which one characteristic or element is forfeited in exchange for acquiring a different characteristic or element.

Efficiency

The extent to which time, effort, or cost is well used for the intended task or purpose, often with the goal of minimizing waste and maximizing output.

Equality

A state of being equal, especially in status, rights, and opportunities.