Determine Whether the Given Point Is on the Graph of the Equation

question 123

Multiple Choice

Determine whether the given point is on the graph of the equation.
-Equation: $x ^ { 2 } - y ^ { 2 } = 16$
Point: $( 2 \sqrt { 2 } , 2 \sqrt { 2 } )$

• A) Yes
• B) No

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Definitions:

Economic Profit

The difference between revenue generated from output and the opportunity costs of inputs used, considering both explicit and implicit costs.

Accounting Profit

The profit of a company after all expenses have been deducted from revenues, but before deducting income taxes.

AVC (Average Variable Cost)

The total variable cost divided by the quantity of output produced; it varies with production.

MC (Marginal Cost)

Marginal Cost is the change in total cost that arises when the quantity produced is incremented by one unit.