Kudzu Is an Invasive Plant That Was Intentionally Introduced into the U.S

question 24

Multiple Choice

Kudzu is an invasive plant that was intentionally introduced into the U.S. from Japan in 1876. It was initially planted to help curb erosion and to serve as a food source for animals. However, kudzu, which some call the "mile a minute vine," grew out of control. It grew over trees, cars, buildings, and power lines! Kudzu grows approximately 150,000 acres per year! Scientists are trying to slow down the invasion of kudzu by a variety of methods, as follows: Method A: burning and cutting kudzu; reduces growth by 20 percent Method B: infecting the kudzu with a fungus; reduces growth by 40 percent Method C: use of an herbicide; reduces growth by 60 percent If method B is utilized, how much less kudzu will grow that year?

• A) 30,000 acres
• B) 60,000 acres
• C) 90,000 acres
• D) 120,000 acres

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Definitions:

Minimum Point

The point at which a function reaches its smallest value, often used in the context of costs or optimization problems.

Short Run

A period of time during which at least one input of production is fixed, affecting the firm's ability to adjust production levels.

Variable Cost

A cost that depends on the quantity of output produced; the cost of a variable input.

Average Total Cost

This is the sum of all the costs of production (fixed and variable) divided by the number of units produced, providing a comprehensive understanding of production expenses.