Graph the Rational Function $y = \frac { 2 x + 4 } { x - 2 }$

question 24

Multiple Choice

Graph the rational function. $y = \frac { 2 x + 4 } { x - 2 }$

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Definitions:

Income Effect

The alteration in consumption habits of a person or the economy caused by a variation in real income.

Substitution Effect

A shift in buying habits resulting from changes in the comparative prices of items, making consumers switch from higher-priced goods to those that are more affordable.

Price Change

A variation in the cost of goods or services over time in the marketplace.

Substitution Effect

The substitution effect occurs when consumers replace pricier items with less expensive alternatives as prices rise, thereby altering their consumption patterns.