The Cost Function C(y)= 100 + 3y2 Has Marginal Cost

question 4

True/False

The cost function C(y)= 100 + 3y2 has marginal cost less than average cost for all positive levels of output.

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Top Management

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Distributive Justice

The perceived fairness of how rewards and resources are distributed among members of a group or organization.

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Acting or deciding without considering specific factors or consequences, often implying impartiality.

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