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Factor the expression completely, if possible. Rewrite the expression in standard form and factor out "-1" if needed. If you believe the trinomial will not factor, answer "prime."
x3 - 4x2 - 4x + 16
Income Inelastic
A situation where the demand for a good does not significantly change with a change in consumer's income.
Real Prices
Prices that have been adjusted for inflation, reflecting the true purchasing power of money over time.
Inflation-Adjusted
Describes values that have been modified to account for changes in the purchasing power of money due to inflation, allowing for comparison over different time periods.
Long-Run Path
The trajectory of economic performance or output when all inputs, including capital and labor, are adjusted to their most efficient state over time.
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