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Use the following to answer questions :
y varies directly with x;
y = 8.4 when x = 24.
-The amount of money Molly's parents give her for reading varies directly with the number of pages she reads. Molly receives $2.50 for reading 125 pages.
(a) What is the constant of variation?
(b) Write the variation equation.
(c) How much will Molly receive for reading 150 pages?
Marginal Benefit
The gain in satisfaction or usefulness from consuming or producing a further unit of a good or service.
Rational Choice
A theory in economics and sociology that states individuals choose the most advantageous option considering the costs and benefits.
Best Use
The most efficient or effective utilization of a resource or asset in order to achieve the desired result or maximum value.
Resources
Assets, materials, and inputs needed for the production of goods and services, including natural resources, human resources, and capital.
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