A Function Has the Running Time T( N ) =

question 7

Multiple Choice

A function has the running time T( n ) = 4 n³ − 6 n² + 7 n + 9. What is its running time in Big-Oh notation?

• A) O( 1 )
• B) O( n )
• C) O( n² )
• D) O( n³ )

---

Definitions:

Market Supply Curve

The market supply curve graphically represents the relationship between the total quantity of a good that producers are willing to supply and the price of the good.

Market Wage Rate

The prevailing pay rate for work of a similar nature in a specific industry or geographic area.

Product Market

A marketplace where final goods or services are offered to consumers, businesses, and the public sector.

Monopsonist

A monopsonist is a market condition where there is only one buyer for a product or service, giving them significant power over prices.