Determine Which of the Rational Functions Given Below Has the Following

question 56

Multiple Choice

Determine which of the rational functions given below has the following feature(s) .
-The y-intercept is (0, 4)

• A) \(f ( x ) = \frac { x + 8 } { x - 2 }\)
• B) \(f ( x ) = \frac { x + 4 } { x - 2 }\)
• C) \(f ( x ) = \frac { 4 x - 1 } { x + 4 }\)
• D) \(f ( x ) = \frac { x - 8 } { x - 2 }\)

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Definitions:

Binding Price Floor

A government-imposed minimum price set above the equilibrium price, resulting in a surplus by preventing the market price from falling to its natural level.

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service, reflecting the value they place on it.

Consumer Surplus

The discrepancy between what consumers are prepared and can afford to pay for a product or service versus what they end up paying in reality.

Willingness To Pay

The maximum amount an individual is prepared to spend on a good or service, which reflects the value they place on it.