Write a Variation Model $Y = k \sqrt { z }$

question 6

Multiple Choice

Write a variation model. Use k as the constant of variation. Y varies inversely as the square root of z.

• A) \(Y = k \sqrt { z }\)
• B) \(Y = \frac { k } { z ^ { 2 } }\)
• C) \(Y = \frac { k } { \sqrt { z } }\)
• D) \(Y = k z ^ { 2 }\)

---

Definitions:

Short-run Equilibrium

The condition in which the quantity supplied equals the quantity demanded at a particular price level, but only over a short period.

Purely Competitive Firm

A company operating in a market where there are many buyers and sellers, with none being able to influence the market price significantly.

Economic Profits

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, often indicating a firm's efficiency.

Corn Market

The trading and economic sector focused on the cultivation, distribution, and sale of corn as a commodity.