Decide Whether or Not the Functions Are Inverses of Each $$f ( x ) = 4 x - 3 , \quad g ( x ) = \frac { x + 4 } { 3 }$$

question 466

Multiple Choice

Decide whether or not the functions are inverses of each other.Use the definition of inverses to determine whether f and g are inverses.
- $$f ( x ) = 4 x - 3 , \quad g ( x ) = \frac { x + 4 } { 3 }$$

• A) No
• B) Yes

Learn the significance of market competition and how it influences factor markets and prices.

Understand how the fixed supply of certain resources affects their returns and pricing.

Grasp the importance of economic profit, pure rent, and market equilibrium in the analysis of factor markets.

Understand the relationship between labor productivity and the labor demand curve.

---

Definitions:

New Form

Refers to an innovative or altered structure, design, or approach in a given context, often implying an improvement or adaptation.

Technological Advance

Progress in technology and innovation that leads to new methods, products, or improvements in production, efficiency, and development.

Preferred Mix

The optimal combination of goods and services chosen by an individual or firm based on preferences, income, and prices.

Productive Efficiency

Achieved when goods or services are produced at the lowest possible cost and utilizing resources in the best way possible.