The Graph Below Shows a Marginal Cost Function

question 7

Multiple Choice

The graph below shows a marginal cost function, $ per item. If the fixed cost is $900, estimate the total cost of producing 250 items.

• A)$ 2850
• B)$ 1950
• C)$1530
• D)$2950

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Definitions:

Pessimistic Explanatory Style

A cognitive approach characterized by attributing negative events to stable, internal, and global factors, leading to a general expectation of negative outcomes.

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Agreeableness

A personality trait that describes the extent to which a person is kind, cooperative, and sympathetic towards others.

Social Support

A network of family, friends, and peers that provides emotional, informational, and instrumental assistance.