If the Total Cost of Producing Five Water Heaters Is

question 111

Multiple Choice

If the total cost of producing five water heaters is $800 and the total cost of producing six water heaters is $900, the marginal cost of the sixth water heater is _____ and the average total cost of six water heaters is _____.

• A) $150; $150
• B) $150; $100
• C) $100; $150
• D) $1,700; $283

---

Definitions:

Service Warranty

A service warranty is a guarantee provided by a seller that a service will meet certain quality and performance standards or else will be redone at no additional cost.

Heating System

A mechanism or structure designed to provide heat to a building or space, typically involving appliances like furnaces or boilers.

Timer

A device or application used for measuring time intervals, often used to monitor or limit the duration of activities.

Satellite System

A network of satellites working together to provide a variety of services such as communication, navigation, or earth observation from space.