Which of the Following Is the Second Order of Operations

question 36

Multiple Choice

Which of the following is the second order of operations?

• A)Multiplication
• B)Division
• C)Expressions within parentheses
• D)Exponentiation

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Definitions:

Optimum

The most favorable condition or highest achievable level of efficiency under the given circumstances.

Indifference Curves

Graphical representations in economics that show combinations of goods among which a consumer is indifferent.

Upward-sloping

A term used in economics to describe a curve that represents an increase in one variable as another variable increases, often used in the context of supply curves.

Preferences

Individual choices or tastes regarding various bundles of goods and services.