A Trinomial Has Three Terms, a Binomial Has Two Terms

question 343

True/False

A trinomial has three terms, a binomial has two terms, and a monomial has one term.

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Definitions:

Equilibrium Price

The price at which the quantity of a good supplied equals the quantity demanded, achieving market balance.

Buyers

Individuals or entities that purchase goods or services for consumption or investment.

Sellers

Individuals or entities that offer goods or services for sale to potential buyers in a marketplace.

Input Price

The cost associated with purchasing the raw materials, labor, and other resources required to produce goods and services.