Choose the One Alternative That Best Completes the Statement or Answers

question 211

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
Write a mathematical expression for the quantity described verbally.
-The area of a rectangle whose length is 15 more than its width $x$

• A) \(( x + 15 ) ( x )\)
• B) \(2 x + 15\)
• C) \(( x ) ( x - 15 )\)
• D) \(2 \left( x ^ { 2 } + 15 x \right)\)

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Definitions:

Positive Economic Profit

Earnings that exceed both the explicit and implicit costs of a company, indicating a financial gain beyond the normal expectations of profit.

Maximum Economic Profit

The highest possible financial gain obtainable by a firm when total revenue exceeds both explicit and implicit costs.

Competitive

Characterized by rivalry, where entities vie against each other to achieve or win something, such as market share or high performance.

Profit Maximization

A business objective aiming to achieve the highest possible profit by optimizing production and pricing strategies.