Determine Which Two Functions Are Inverses of Each Other $f ( x ) = \frac { x + 7 } { 4 } \quad g ( x ) = 4 x + 7 \quad h ( x ) = \frac { x - 4 } { 7 }$

question 336

Multiple Choice

Determine which two functions are inverses of each other.
- $f ( x ) = \frac { x + 7 } { 4 } \quad g ( x ) = 4 x + 7 \quad h ( x ) = \frac { x - 4 } { 7 }$

• A) None
• B) \(f ( x )\) and \(g ( x )\)
• C) \(f ( x )\) and \(h ( x )\)
• D) \(g ( x )\) and h \(( x )\)

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Definitions:

Allocative Efficiency

A state of the economy in which production represents consumer preferences; every good or service is distributed to yield the highest aggregate utility.

Willingness To Pay

The maximum amount a consumer is prepared to spend to acquire a good or service.

Acceptable Price

The price at which consumers feel they are getting good value for the products or services purchased.

Allocative Efficiency

A state of resource distribution where it is impossible to make any one individual better off without making someone else worse off, maximizing social welfare.