The Graph of a Company's Total Cost Function Is Shown

question 245

Multiple Choice

The graph of a company's total cost function is shown. Does this total cost function represent a manufacturing process that is getting more efficient or less efficient as the production level increases? ​ ​

• A) less efficient
• B) more efficient

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Definitions:

Secondary Reinforcers

Stimuli that have no inherent value but have been associated with primary reinforcers, thus acquiring the ability to reinforce behavior.

Gold Star

Often used to denote excellence or high achievement, originally in educational settings to reward good work but also used metaphorically in various contexts.

Clean Room

An environment, typically used in manufacturing or scientific research, that has a low level of environmental pollutants such as dust, airborne microbes, aerosol particles, and chemical vapors.

Primary Punisher

A stimulus that is inherently punishing; an example is electric shock.