Indicate Whether the Equation Is Conditional, an Identity, or a Contradiction

question 201

Multiple Choice

Indicate whether the equation is conditional, an identity, or a contradiction.
- $2 x + 6 x = 7 x$

• A)identity
• B)conditional
• C)contradiction

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Definitions:

Variable Costs

Costs that vary directly with the level of output or production activity.

Corporate Tax Rate

The percentage of a corporation's profits that must be paid to the government as tax.

Unemployment Rate

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.

Labor Force

The total number of people who are employed and unemployed but seeking work within an economy.