Find a Rectangular Equation for the Plane Curve Defined by the Parametric

question 166

Multiple Choice

Find a rectangular equation for the plane curve defined by the parametric equations.
- $$\mathrm { x } = 3 \mathrm { t } , \mathrm { y } = \mathrm { t } + 1 ; - 2 \leq \mathrm { t } \leq 3$$

• A) \(y = \frac { 1 } { 3 } x - 1\); for \(x\) in \(- \infty < x < \infty\)
• B) \(y = x ^ { 2 } + 1\); for \(x\) in \(- 2 \leq x \leq 2\)
• C) \(y = - 3 x + 1\); for \(x\) in \(- \infty < x < \infty\)
• D) \(y = \frac { 1 } { 3 } x + 1\); for \(x\) in \(- 6 \leq x \leq 9\)

Identify the roles and viewpoints of major economists like Henry George on land taxation and its economic effects.

Differentiate between resources that are and are not subject to the principles of economic rent.

Evaluate the impact of taxation on economic rent and resource allocation.

Grasp the significance of private land ownership in terms of efficiency and social justice.

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Definitions:

Average Total Cost

The total cost of production divided by the number of units produced, representing the average cost per unit.

Marginal Cost

The uptick in complete expenditure resulting from the creation of one more unit of a product or service.

AFC Curve

The average fixed cost curve, representing the fixed costs associated with producing goods or services, spread out over the quantity produced.

Fixed Cost

Costs that do not vary with the level of output or business activity, such as rent, salaries, and insurance premiums.