Use the Following to Answer Questions

question 28

Multiple Choice

Use the following to answer questions :
x = -y² + 6y - 8
-Find the x- and y-intercepts, if they exist.

• A) x-intercepts: (2, 0), (4, 0); y-intercept: (0, -8)
• B) x-intercept: (2, 0); y-intercepts: (0, -8), (0, 4)
• C) x-intercept: (-8, 0); y-intercepts: (0, 2), (0, 4)
• D) x-intercepts: none; y-intercept (0, -8)

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Definitions:

Fixed Cost

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance, remaining constant regardless of business activity volume.

Patent

A legal document granting an inventor exclusive rights to manufacture, use, or sell an invention for a certain number of years.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices during a specified period of time.

Marginal Cost

The increase in total cost that arises from an extra unit of production.