If C Represents the Number of Chairs Produced, Which of the Following

question 52

Multiple Choice

If C represents the number of chairs produced, which of the following is a proper non-negativity constraint?

• A) C ≠ 0
• B) C > 0
• C) C ≥ 0
• D) C < 0
• E) C ≤ 0

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Definitions:

Marginal Cost

The expense involved in making an extra unit of a good or service.

Additional Unit

Refers to one more unit of something, often used in the context of production, sales, or inventory.

Variable Cost

Expenses that change in proportion to the activity of a business such as production levels or sales volume.

Wages

Compensation received by employees for their labor, typically expressed as an hourly, daily, or piecework rate, or as an annual salary.