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Provide an Appropriate Response f(x)=612xf ( x ) = 6 - \frac { 1 } { 2 } x

question 13

Essay

Provide an appropriate response.
-Prove that the function f is one-to-one. f(x)=612xf ( x ) = 6 - \frac { 1 } { 2 } x

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Definitions:

Marginal Cost

The extra cost triggered by the production of an additional unit of a product or service.

Marginal Revenue

The additional income from selling one more unit of a good or service.

Marginal Cost

The hike in overall costs when one extra unit of a product or service is produced.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, representing surplus remaining after all costs have been paid.

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