Solve the Absolute Value Equation $| 2 x - 3 | = - 5$

question 121

Multiple Choice

Solve the absolute value equation.
- $| 2 x - 3 | = - 5$

• A) \(\varnothing\)
• B) \(- 1,4\)
• C) \(1 , - 4\)
• D) \(\frac { 2 } { 3 } , - \frac { 8 } { 3 }\)

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Definitions:

Price

The sum of money needed to buy a product or service.

Competitive Price-Taker

A firm in a competitive market that has no ability to influence the price of the product it sells; it must take the market price as given.

Marginal Cost

The additional cost incurred by producing one more unit of a good or service.

Total Cost

The sum of all costs incurred in producing a good or service, including both fixed and variable costs.