If the Total Cost of Producing 2 Pounds of Cheese

question 103

Multiple Choice

If the total cost of producing 2 pounds of cheese is $6 and the total cost of producing 4 pounds of cheese is $8,then:

• A)total cost is declining.
• B)average total cost is declining.
• C)average total cost is increasing.
• D)average total cost is constant.
• E)total cost is constant.

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Definitions:

Survival

The ability of an organism to continue living or existing, often despite facing adverse conditions.

Exponential Growth

Growth whose rate becomes ever more rapid in proportion to the growing total number or size.

Arithmetic Growth

A pattern of growth where a population increases by a constant amount in each time period.

Logistic Growth

Population increase that results in an S-shaped curve; growth is slow at first, steepens, and then levels off due to environmental resistance.