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Translate the Statement of Variation into an Equation and Use

question 30

Short Answer

Translate the statement of variation into an equation and use k as the constant of variation. v varies directly as the cube of w .


Definitions:

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The overall income generated by a business from its sale of goods or services, calculated as the price per unit times the number of units sold.

Elasticity Of Supply

A measure of how much the quantity supplied of a good changes in response to a change in price.

Price Elastic

A characteristic of goods for which demand or supply changes significantly when the price changes.

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