It Is Necessary for All Economic Systems to Provide People

question 36

Multiple Choice

It is necessary for all economic systems to provide people with goods and services and also restrict them from getting as much of these goods and services as they wish,because failure to do this could ________ the efficiency of the system by producing some goods and services that are ________.

• A)reduce; not as highly valued as others
• B)increase; not as highly valued as others
• C)reduce; valued more than others
• D)increase; valued more than others

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Definitions:

Domain

The collection of all potential entry points that a function can accept.

Composition

The combining of two or more functions by applying one function to the result of another, indicated as \(f(g(x))\).

Horizontal Line Test

A method used to determine if a function has an inverse that is also a function, based on whether any horizontal line intersects the graph more than once.

Inverse Function

A function that reverses the operation of a given function, such that the composition of the two yields the original input.