Indicate Whether the Equation Represents an Ellipse, Hyperbola, Circle, or Parabola

question 22

Multiple Choice

Indicate whether the equation represents an ellipse, hyperbola, circle, or parabola. In equations that contain bothth $x ^ { 2 }$ 2 and $y ^ { 2 }$ terms, divide both terms, divide bothsides of the equation by the constant term to put the equation in a more recognizable form.
- $3 x ^ { 2 } + 8 x - y = 72$

• A)Parabola
• B)Circle
• C)Hyperbola
• D)Ellipse

---

Definitions:

Perfectly Competitive Industry

A Perfectly Competitive Industry is characterized by many sellers and buyers, free entry and exit, and a product that is identical across suppliers, leading to no single entity having market control.

Marginal Cost

The additional cost of producing one extra unit of a good or service.

Total Revenue

The total amount of money a company receives from selling its goods or services before any expenses are subtracted.

Profit-Maximizing Output

The point of production where a company reaches its maximum profit, occurring when marginal revenue is equal to marginal cost.