A Business Has a Cost (In Dollars)of for Producing

question 49

Multiple Choice

A business has a cost (in dollars) of for producing x units.What is the limit of as x approaches infinity? ​

• A) ​∞
• B) ​$0.40
• C) ​$900.40
• D) ​$900.00
• E) ​$899.60

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Definitions:

Distribution System

The methodological way in which a business delivers its goods or services to its customers. This encompasses transportation, warehousing, order fulfillment, and more.

Intermediate Goods

Products that are used in the production of final goods and services, rather than being sold directly to consumers.

Raw Materials

Basic materials that are in their natural, unprocessed form, used as inputs for production in manufacturing, construction, and other industries.

JIT

Just-in-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules.