Determine $( g \circ f ) ( x )$ For the Pair of Functions

question 184

Short Answer

Determine $( g \circ f ) ( x )$ for the pair of functions $f ( x ) = \frac { 3 } { 4 x } \text { and } g ( x ) = \frac { 1 } { x + 3 }$ .

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Definitions:

Increase in Price

A situation where the cost of goods or services rises, affecting the supply and demand equilibrium.

Decrease in Price

A reduction in the amount of money required to purchase a good or service.

Price of X

Represents the amount of money required to purchase a specific quantity of product X.

Slope of Budget Line

The slope represents the rate at which a consumer can trade one good for another while staying within their budget.