It Costs a Company $35,000 to Produce 500 Graphing Calculators

question 136

Multiple Choice

It costs a company $35,000 to produce 500 graphing calculators.The company's cost will be $35,080 if it produces an additional graphing calculator.If the company produces 501 graphing calculators then

• A)its average cost is greater than its marginal cost.
• B)its average cost and its marginal cost are equal.
• C)its average cost is less than its marginal cost.
• D)This cannot be determined from the information given.

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Definitions:

Basilar Membrane

The basilar membrane is a structure in the cochlea of the inner ear that plays a crucial role in sound wave processing and hearing.

High Pitch

A sound that is perceived as having a high frequency.

Auditory Ossicles

A group of three small bones in the middle ear (the malleus, incus, and stapes) that transmit sound vibrations from the eardrum to the inner ear.

Conductive Hearing Loss

A type of hearing loss resulting from problems with the ear canal, eardrum, or middle ear that prevent sound from being carried effectively to the inner ear.