If the Average Cost of Producing 10 Sweaters Is $6

question 91

Multiple Choice

If the average cost of producing 10 sweaters is $6.50 and the marginal cost of producing the tenth sweater is $6.25, the average cost of producing 10 sweaters will be:

• A) $6.50.
• B) more than $6.50.
• C) less than $6.50.
• D) exactly $6.25.

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Definitions:

Pertussis

A highly contagious bacterial disease also known as whooping cough, characterized by severe coughing spells.

Immunization

Becoming immune or the process of rendering a patient immune.

Vaccine

Any substance for prevention of a disease.

Artificial Immunity

Immunity acquired through medical interventions, such as vaccinations, as opposed to natural immunity obtained through exposure to pathogens.