Which of the Following Statements About Linear Inequalities Is NOT

question 3

Multiple Choice

Which of the following statements about linear inequalities is NOT true?

• A) Linear inequalities define areas rather than lines
• B) The inequality x<6 defines an area above the line y = x
• C) Equalities define straight lines
• D) The inequality 2y + 3x < 8 defines an area below and to the left of the line 2y + 3x = 8

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Definitions:

Exercise Price

The price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Exercise Price

The price at which the holder of an option can buy (call option) or sell (put option) the underlying asset.

Time Value

The portion of an option's premium that is attributable to the amount of time remaining until the expiration of the option.

Call Option

An economic agreement granting the purchaser the choice, but not the duty, to acquire a stock, bond, commodity, or any asset at a previously determined price within a set period.