Simplify the Expression $\frac { ( y + 8 ) ( y - 2 ) } { ( y - 2 ) ( y + 3 ) }$

question 319

Multiple Choice

Simplify the expression.
- $\frac { ( y + 8 ) ( y - 2 ) } { ( y - 2 ) ( y + 3 ) }$

• A) \(\frac { y + 2 } { y + 1 }\)
• B) \(\frac { 2 y - 2 } { 2 y + 1 }\)
• C) \(\frac { y - 8 } { y - 3 }\)
• D) \(\frac { y + 8 } { y + 3 }\)

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Maximize Profits

The process of making the highest possible profit from business operations.

Relatively Inelastic

Describes a situation where the demand or supply of a good or service changes minimally in response to changes in price.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one additional unit of a good changes as production volume increases.

Marginal Revenue Curve

A graphical representation showing how a firm's revenue changes with each additional unit of output sold, typically declining in perfectly competitive markets.