You Need 50 Pounds of Two Commodities Costing $1 $y = 1.80 x + 2.40 ( 50 - x )$

question 87

Multiple Choice

You need 50 pounds of two commodities costing $1.80 and $2.40 per pound. Find the inverse function of the cost function $y = 1.80 x + 2.40 ( 50 - x )$ .

• A) \(y = \frac { 5 } { 3 } ( 240 - x )\)
• B) \(y = \frac { 10 } { 3 } ( - 120 + x )\)
• C)\(y = \frac { 5 } { 3 } ( - 240 - x )\)
• D) \(y = \frac { 5 } { 3 } ( 120 - x )\)
• E) \(y = \frac { 10 } { 3 } ( 120 + x )\)

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Definitions:

Total Assets Turnover Ratio

A measure of a firm's efficiency in using its assets to generate sales, calculated by dividing sales by total assets.

Sales

Sales encompass the transactions where goods or services are exchanged for money, representing the revenue generated by a business.

Total Assets

Total assets represent the sum of all assets owned by a company, including both current and non-current assets.

ROE

A financial ratio expressing the profitability of a firm in relation to stockholders' equity, used to assess how efficiently a company uses investments to generate profit.