Suppose That the Total Cost (In Dollars) for a Product

question 1

Multiple Choice

Suppose that the total cost (in dollars) for a product is given by , where x is the number of units produced. Total cost functions always increase because producing more items costs more. What then must be true of the marginal cost function ? ​

---

Definitions:

Misinformation

False or inaccurate information that is spread unintentionally.

Transference

In psychoanalysis, the process by which patients transfer feelings they have about figures from their past onto their therapist.

Unconscious Emotions

Feelings that influence an individual's thoughts and actions without their conscious awareness.

Repression

In psychoanalytic theory, the selective, involuntary pushing of threatening or upsetting information into the unconscious.