Advanced Placement (AP), 21.05.2021 05:50 hany90

Which of the following describes a situation of scarcity?

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Answer from: cotybuge2701

Not enough information.

Answer from: danetth18

Scarcity is when there is not enough of something- such as the recent shortage of gas in the southern states. Scarcity is when there is no more left, no one could get it. Then there is rations (limited buying)

Answer from: Quest

the correct answer is : binding price ceilings encourage the formation of a black market

Answer from: Quest

Answer: the interval on which the curve is concave up is (-∞, -1/2)====== $\displaystyle y = \int_{0}^x \frac{1}{1 + t + t^2} \; dt$ we find the interval where this curve is concave up by finding the interval in which the 2nd derivative is positive.differentiate the curve equation with respect to x $\begin{aligned} \frac{dy}{dx} & = \frac{d}{dx} \int_{0}^x \frac{1}{1 + t + t^2} \; dt \end{aligned}$ let the function f denote be the anti-derivative of the inside expression, i.e. a function such that $(d/dx)f(x) = 1/(1 + t + t^2)$ .then use the fundamental theorem of calculus: $\begin{aligned} \frac{dy}{dx} & = \frac{d}{dx} \int_{0}^x \frac{1}{1 + t + t^2} \; dt \\& = \frac{d}{dx} \big[ f(x) - f(0) \big] & & \text{\footnotesize apply ftc} \\ & = \frac{d}{dx}f(x) - 0 \\ & = \frac{1}{x + x + x^2} & & \text{\footnotesize since $\frac{d}{dx}f(x) = \frac{1}{1 + x + x^2}$ } \end{aligned}$ differentiate again to get second derivative. we can use chain rule with 1/x as the outside function and 1 + x + x² as the inside function $\begin{aligned} \frac{d}{dx} \left( \frac{dy}{dx} \right) & = \frac{d}{dx}\left(\frac{1}{1 + x + x^2} \right) \\ \frac{d^2y}{dx^2} & = \frac{-1}{\left(1 + x + x^2\right)^2} \cdot \tfrac{d}{dx}(1 + x + x^2) \\ & = \frac{-1}{\left(1 + x + x^2\right)^2} \cdot (1 + 2x) \\ & = \frac{-(1 + 2x)}{\left(1 + x + x^2\right)^2} \end{aligned}$ find critical numbers of the second derivative. these numbers are where the 2nd deriv. is undefined or zero.where the 2nd derivative is zero: set (d²y/dx²) to equal 0 and solve for x $\begin{aligned} 0 & = \frac{-(1 + 2x)}{\left(1 + x + x^2\right)^2} \\ 0 & = -(1+2x) \\ -1 & = 2x \\ x & = -1/2 \end{aligned}$ where the 2nd derivative is undefined: if the denominator is equal to zero, the derivative will be undefeined. attempting to solve the equation 1 + x + x² = 0results in a discriminant of $b^2 - 4ac = 1^2 - 4(1)(1) = -3$ meaning that the equal 1 + x + x² = 0 has no real solutions and therefore will never equal zero.======our only critical number is x = -1/2.this forms two intervals to test the sign for: (-∞, -1/2) and (-1/2, ∞)test values into the 2nd derivative for (-∞, -1/2)if we try x = -1, we get $\begin{aligned} \left.\frac{d^2y}{dx^2}\right|_{x = -1} & = \frac{-(1+2(-1))}{\left(1+(-1)+(-1)^2\right)^2} \\ & = \frac{-(1-2)}{1} \\ & = 1 \end{aligned}$ so the since the 2nd derivative of the curve is positive on the interval (-∞, -1/2), the curve is concave up on (-∞, -1/2)test values into the 2nd derivative for (-1/2, ∞)if we try x = 0, we get $\begin{aligned} \left.\frac{d^2y}{dx^2}\right|_{x = 0} & = \frac{-(1+2(0))}{\left(1+(0)+(0)^2\right)^2} \\ & = \frac{-(1)}{1} \\ & = -1 \end{aligned}$ so the since the 2nd derivative of the curve is positive on the interval (-∞, -1/2), the curve is concave down on (-∞, -1/2).the interval on which the curve is concave up is (-∞, -1/2)