Determine If the Function Is Concave Up or Concave Down $y = x ^ { 0.8 }$

question 108

Multiple Choice

Determine if the function is concave up or concave down in the first quadrant.
- $y = x ^ { 0.8 }$

• A) Concave up
• B) Concave down

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Definitions:

Unit Product Cost

The total cost (both variable and fixed) to produce a single unit of product.

Contribution Format

A type of income statement that separates variable costs from fixed costs to calculate a company's contribution margin.

Absorption Costing

A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed manufacturing overhead—in the cost of a product.

Variable Costing

A ledger maintaining technique that factors in only the variable costs incurred during production (direct materials, direct labor, and variable manufacturing overhead) into product pricing.