Find an Equation of the Inverse of the Relation $$y = 2 x - 7$$

question 18

Multiple Choice

Find an equation of the inverse of the relation.
- $$y = 2 x - 7$$

• A) \(y = - 2 x + 7\)
• B) \(y = - 7 x + 2\)
• C) \(x = 2 y - 7\)
• D) \(x = - 7 y + 2\)

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Definitions:

Monopoly

A market structure characterized by a single seller, selling a unique product in the market without any close substitutes.

Price Taker

A market participant that accepts market prices as given and has no influence to alter the price of the good or service.

Buyer

A person or organization that purchases goods or services.

Law Of Demand

The economic principle stating that, all else being equal, as the price of a good or service decreases, consumer demand for it will increase, and vice versa.