To Reduce the Following Rational Expression to Lowest Terms, You

question 222

Multiple Choice

To reduce the following rational expression to lowest terms, you will have to use factoring by grouping. Be sure to factor each numerator and denominator completely before dividing out any common factors. (Remember, factoring by grouping takes two steps.)

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between options.

Capital

Economic resources that are used to create goods and services, such as buildings, machinery, and equipment.

Accounting Profit

Total revenue minus total explicit cost

Economic Profit

The distinction in the amount between total sales and all costs, inclusive of apparent and implied expenses.