The Best Shape for an Automobile to Have Is One

question 5

Multiple Choice

The best shape for an automobile to have is one that is streamlined both in the front and in the back. The reason for this is

• A) to avoid uneven air flows that might push the vehicle sideways.
• B) to improve fuel efficiency when driving in reverse.
• C) to use the viscosity of the air to help propel the automobile forward.
• D) to ensure the air flow remains laminar all the way around the vehicle.

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Definitions:

Constant Marginal Cost

A situation in production where the cost to produce one additional unit of output remains the same, regardless of the volume produced.

Reaction Function

In economic models, this function represents how one player's strategy responds to the strategies of other players in a strategic game.

Demand Function

A mathematical formula expressing the amount of a product that consumers are ready and able to purchase at various prices, highlighting the price-demand relationship.

Marginal Cost

Refers to the increase or decrease in the total cost that will result from producing one more or one less unit of a product.