When there are three or more factors, we multiply the first two and then multiply their product by the next factor. For example:
to multiply
first multiply
then multiply
.
Translate word phrases to math notation
Earlier in this section, we translated math notation into words. Now we’ll reverse the process and translate
word phrases into math notation. Some of the words that indicate multiplication are given in
[link] .
Operation
Word Phrase
Example
Expression
Multiplication
times
product
twice
times
the product of
and
twice
Translate and simplify: the product of
and
Solution
The word
product tells us to multiply. The words
ofand
tell us the two factors.
We will use the same strategy we used previously to solve
applications of multiplication. First, we need to determine what we are looking for. Then we write a phrase that gives the information to find it. We then translate the phrase into math notation and simplify to get the answer. Finally, we write a sentence to answer the question.
Humberto bought
sheets of stamps. Each sheet had
stamps. How many stamps did Humberto buy?
Valia donated water for the snack bar at her son’s baseball game. She brought
cases of water bottles. Each case had
water bottles. How many water bottles did Valia donate?
Erin is planning her flower garden. She wants to plant twice as many dahlias as sunflowers. If she plants 14 sunflowers, how many dahlias does she need?
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
When MP₁ becomes negative, TP start to decline.
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Economic growth as an increase in the production and consumption of goods and services within an economy.but
Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has
The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50.
A,Calculate quantities of x and y which maximize utility.
B,Calculate value of Lagrange multiplier.
C,Calculate quantities of X and Y consumed with a given price.
D,alculate optimum level of output .