Solve by Using the Multiplication Property of Equality

question 52

Multiple Choice

Solve by using the multiplication property of equality.
--3x = -12

• A) {2}
• B) {-9}
• C) {4}
• D) {9}

Analyze the impact of government programs and taxes on income equality.

Explain the determination of the official poverty line and its implications.

Understand the requirements for a contract to be enforceable under the Statute of Frauds.

Distinguish between contracts that must be in writing and those that can be oral to be binding.

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Definitions:

Total Product Curve

A graphical representation showing how the total quantity of output produced by a firm varies with the quantity of a variable input, keeping all other inputs constant.

Average Product

The output per unit of input, such as the quantity of goods produced per unit of labor.

Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase and may decrease.

Labor Input

The amount of work contributed by employees, measured in hours or effort, used in the production of goods and services.