The Contour Graph and Its Associated Three-Dimensional Graph Are

question 42

Multiple Choice

The contour graph and its associated three-dimensional graph are given below. At will decrease more quickly as x decreases or as y decreases? Justify your answer.

• A) decreases at the same rate in both directions because the contours are parabolic.
• B) will decrease more quickly when x decreases because the difference in contours is greater in that direction.
• C) will decrease more quickly when x decreases because the contours have negative slope in that direction.
• D) will decrease more quickly when y decreases because the difference in contours is greater in that direction.
• E) will decrease more quickly when y decreases because the contours have negative slope in that direction.

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Definitions:

Inventory Period

The average time it takes for a company to turn its inventory into sales, often used to assess the efficiency of inventory management.

Accounts Receivable Period

The average number of days it takes for a company to collect payments from its customers after a sale has been made.

Accounts Payable Period

The average number of days it takes for a business to pay off its trade creditors.

Credit

Refers to the trust allowing one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately but promises either to repay or return those resources at a later date.