Use Interval Notation to Describe the Interval of Real Numbers $x$

question 125

Multiple Choice

Use interval notation to describe the interval of real numbers.
- $x$ is negative.

• A) \(( - \infty , 0 )\)
• B) \(( 1 , \infty )\)
• C) \(( - \infty , 1 )\)
• D) \(( 0 , \infty )\)

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Definitions:

Excess Demand

A market condition where the quantity demanded of a good exceeds the quantity supplied, leading to shortages.

Good

A tangible item or product that fulfills a need or desire and is available for purchase.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers from high prices.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market stability.