Solve the Problem $= 125$ Hours
B) Period $= 7$ Hours
C) Period

question 21

Multiple Choice

Solve the problem.
-The chart represents the amount of fuel consumed by a machine used in manufacturing. The machine is turned on at the beginning of the day, takes a certain amount of time to reach its full
Power (the point at which it uses the most fuel per hour) , runs for a certain number of hours, and is
Shut off at the end of the work day. The fuel usage per hour of the machine is represented by a
Periodic function. What is the period in hours of this function?

• A) Period \(= 125\) hours
• B) Period \(= 7\) hours
• C) Period \(= 4\) hours
• D) Period \(= 14\) hours

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Average Cost Curve

A graphical representation that illustrates the cost per unit of output at different levels of production.

Long-run

A period in economics where all factors of production can be varied, and there are no fixed inputs, allowing full adjustment to changes.