?Use the Functions Given By $f ( x ) = \frac { x } { 8 } - 1$

question 14

Multiple Choice

?Use the functions given by $f ( x ) = \frac { x } { 8 } - 1$ and g(x) = x³ to find the indicated value. (f _º g) ^-1(5)

• A)? \(- \frac { 387 } { 512 }\)
• B)? \(2 \sqrt [ 3 ] { 6 }\)
• C)? \(- 2 \sqrt [ 3 ] { 6 }\)
• D)? \(2 \sqrt [ 3 ] { 4 }\)
• E)?Undefined

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Definitions:

Marginal Cost

The increase in total cost that arises from producing one additional unit of a good or service.

Average Variable Cost

The total variable costs divided by the quantity of output produced; it varies with output levels.

Average Total Cost

The per-unit production cost, calculated by dividing the overall production expenses by the number of units produced.

Price Taker

An economic term for a market participant that accepts the prevailing prices without influencing them.