Write the Fraction in Simplest Form $\frac { - 70 } { 88 }$

question 4

Multiple Choice

Write the fraction in simplest form.
- $\frac { - 70 } { 88 }$

• A) \(\frac { - 44 } { 35 }\)
• B) \(\frac { 35 } { 44 }\)
• C) \(\frac { - 35 } { 44 }\)
• D) \(\frac { 29 } { 23 }\)

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Definitions:

Demand Curve

A graph showing the quantity of a good that consumers are willing and able to purchase at different prices.

Luxury Good

A product that is not necessary for basic survival but is deemed as highly-desirable within a culture or society, often associated with wealth or quality.

Income Elasticity

A measure of how the demand for a good or service changes in response to changes in consumer income.

Homothetic Preferences

A situation in consumer theory where a consumer's preference structure can be represented by a utility function that is proportionally scalable.