Simplify the Complex Fraction $$\frac { 4 + \frac { 2 } { x } } { \frac { x } { 4 } + \frac { 1 } { 8 } }$$

question 108

Multiple Choice

Simplify the complex fraction.
- $$\frac { 4 + \frac { 2 } { x } } { \frac { x } { 4 } + \frac { 1 } { 8 } }$$

• A) \(\frac { x } { 16 }\)
• B) 1
• C) 16
• D) \(\frac { 16 } { x }\)

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Definitions:

Total Producer Surplus

The total benefit that producers receive from selling a good or service, measured as the difference between the market price and the minimum price producers are willing to accept.

Caitlin's Producer Surplus

The difference between what a producer (in this case, Caitlin) actually receives for selling a good and the minimum they would be willing to accept.

Producer Surplus

The difference between what producers are willing to accept for a good or service and what they actually receive, measured by the area above the supply curve and below the market price.

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A recreational outdoor activity which uses an inflatable raft to navigate through rough or whitewater rivers.