Solve the Equation $5 ( x + 1 ) = 15$

question 27

Multiple Choice

Solve the equation. $5 ( x + 1 ) = 15$

• A) \(x = 1\)
• B) \(x = 13\)
• C) \(x = 10\)
• D) \(x = 2\)
• E) \(x = 7\)

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Definitions:

Returns To Scale

The change in output of a production process as all inputs are increased proportionally.

Marginal Product

The additional output that is produced by using one more unit of a particular input, holding the levels of all other inputs constant.

Production Function

An economic model that describes the relationship between input resources and the output of goods or services for a business or economy.

Production Function

A mathematical representation that describes how inputs like labor and capital are turned into outputs, such as goods or services.