Solve the Problem $y = - 48 x - 144$ B) $y = 84 x + 144$

question 236

Multiple Choice

Solve the problem. Write all linear equations in slope-intercept form.
-By reading a graph on defense spending in the country of Warpeas, you discover that in year 0 the country spent $144 million on defense and in year 8 spent $528 million. Write a linear function that
Relates y (in millions of dollars) to x.

• A) \(y = - 48 x - 144\)
• B) \(y = 84 x + 144\)
• C) \(y = 48 x + 144\)
• D) \(y = \frac { 1 } { 3 } x + 144\)

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Definitions:

Cable Television

A system of delivering television programming through coaxial cables or fiber-optic cables to consumers, offering a wide range of channels and services.

Natural Monopoly

A market situation where due to the high costs of entry or unique resources, one provider effectively serves the entire market, making competition unfeasible.

Consumer Surplus

The contrast between the overall amount consumers are prepared and financially capable to invest in a good or service and the actual amount paid.

Marginal Cost

The incremental expense associated with the production of an extra unit of a good or service.