Match the Equation with the Type of Conic Section $x = y ^ { 2 } - 3 y + 7$

question 27

Multiple Choice

Match the equation with the type of conic section .
- $x = y ^ { 2 } - 3 y + 7$

• A) ellipse
• B) circle
• C) ellipse.
• D) parabola

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Definitions:

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved.

Market Intervention

Actions taken by a government or other authority to affect the market, often to correct market failures or achieve certain policy objectives.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, intended to protect consumers from high prices.

Price Floor

A government- or authority-imposed minimum price that can be charged for a good or service, often above the equilibrium price.