Find the Average Rate of Change for the Function Between $$f ( x ) = 4 x ^ { 2 } ; \text { from } 0 \text { to } \frac { 7 } { 4 }$$

question 157

Multiple Choice

Find the average rate of change for the function between the given values.
- $$f ( x ) = 4 x ^ { 2 } ; \text { from } 0 \text { to } \frac { 7 } { 4 }$$

• A) \(- \frac { 3 } { 10 }\)
• B) \(\frac { 1 } { 3 }\)
• C) 7
• D) 2

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Definitions:

Economies Of Scale

Situation in which output can be doubled for less than a doubling of cost.

Increasing Returns

A situation where the addition of more units of input results in a more-than-proportional increase in output.

Competitive Market

A market structure characterized by many buyers and sellers, such that no single party can dictate the market price.

Long-Run Cost

The total cost of production when all inputs, including both fixed and variable costs, are considered fully adjustable.