Graph the Function $$f ( x ) = \left( \frac { 1 } { 3 } \right) ^ { x }$$

question 69

Multiple Choice

Graph the function.
- $$f ( x ) = \left( \frac { 1 } { 3 } \right) ^ { x }$$

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Definitions:

Consumption Bundle

A combination of various goods and services that a consumer chooses to purchase.

Units Of Y

A measure or quantity of a variable \"Y\", often used in economic and mathematical models to quantify something.

Fixed Proportions

A production process condition where inputs must be used in strict, unchangeable ratios to produce an output; no substitution between inputs is possible.

Utility Function

An economic term describing how different goods or services yield different levels of satisfaction or utility to a consumer.