Suppose $f$ Is a Linear Function With $f ( 7 ) = 25.6$

question 81

Multiple Choice

Suppose $f$ is a linear function with $f ( 7 ) = 25.6$ and $$f ( 12 ) = 39.6$$ . Find an equation for $f$ .

• A) \(f ( x ) = 0.36 x + 25.6\)
• B) \(f ( x ) = 25.6 x + 0.36\)
• C) \(f ( x ) = 2.8 x + 6\)
• D) \(f ( x ) = 6 x + 2.8\)

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Definitions:

Nash Equilibrium

Set of strategies or actions in which each firm does the best it can given its competitors’ actions.

Payoffs

Payoffs in game theory are the outcomes or rewards that players receive at the end of a game or decision scenario, based on the actions they have taken.

Millions

A numerical term used to denote a quantity of one thousand thousand (1,000,000).

Equilibrium Outcome

The state in which market supply and demand balance each other, and as a result, prices become stable.