Graph the Expression on Each Side of the Equals Symbol $$1 + \tan ^ { 2 } x = \frac { \cos ^ { 2 } x } { 1 - \cos ^ { 2 } x }$$

question 34

Multiple Choice

Graph the expression on each side of the equals symbol to determine whether the equation might be an identity.
- $$1 + \tan ^ { 2 } x = \frac { \cos ^ { 2 } x } { 1 - \cos ^ { 2 } x }$$

• A) Not an Identity
• B) Identity

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Definitions:

Shortage

A situation where the demand for a product exceeds its supply at a specific price.

Quota Rent

The economic rent a producer earns from the difference between the market price of a good and its supply price due to a quota limit.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Quota Price

The cost associated with acquiring a quota, which is a government-imposed limit on the quantity of a good that can be imported or exported.