Increased demand for a product or service will usually result in lower prices for the item.
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The true statement is that (d) both f(x) and g(x) increase on the interval of (0 , ∞)
<h3>How to determine the true statement?</h3>The functions are given as:
f(x) = log₂(2x)
g(x) = 2x - 3
Next, we plot the graph of both functions (see attachment)
From the attached graph, we can see that:
As x increases, the functions value increase
Hence, the true statement is that (d) both f(x) and g(x) increase on the interval of (0 , ∞)
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