Graph the Function $g ( x ) = 2 ^ { x + 1 }$

question 97

Essay

Graph the function $g ( x ) = 2 ^ { x + 1 }$ , not by plotting points but by applying your knowledge of the general shape of graphs of the form $a ^ { x }$ . State the domain, range, and asymptote of the function.

Analyze the impact of fluctuating interest rates on loan repayment schedules.

Determine the legal due dates for promissory notes based on specific terms and conditions.

Calculate simple interest and main concepts.

Determine the maturity value of investments.

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Definitions:

Marginal Utility

The additional satisfaction or benefit received from consuming one more unit of a good or service.

Total Utility

The complete satisfaction received from consuming a particular quantity of goods or services.

Consumer's Income

The total amount of money earned by a consumer, influencing their purchasing power and spending behavior.