The table shows an indifference schedule for several combinations of X and Y.
1 answer:
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Given:
The number of members in an organization since the year 2000 can be represented by the function
where, x represents the number of years after 2000.
To find:
The statement which best describes the term 5.
Solution:
We have,
It is clear that 5 is a constant because it is free from variable x.
At x=0,
It means, 5 is the initial number of members in the organization.
Therefore, there are 5 members in the organization in year 2000.