Suppose the Rate of Change of the Per Capita Consumption

question 30

Multiple Choice

Suppose the rate of change of the per capita consumption of cottage cheese in the United States between 1980 and 1999 can be modeled by the function where t is the number of years since 1980. Find the area of the region between the graph and the horizontal axis between and . Round your answer to three decimal places.

• A) 0.700 pound
• B) 2.600 pounds
• C) 3.400 pounds
• D) 2.900 pounds
• E) 9.661 pounds

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Definitions:

Diseconomies of Scale

The phenomenon where, as a firm scales up its production, the per unit cost starts to increase, typically due to inefficiencies.

Economies of Scale

Economies of scale occur when a company reduces costs per unit due to an increase in production, typically achieved through operational efficiency and larger volume production.

Constant Returns to Scale

A situation in production where increasing all inputs by a certain factor results in output increasing by the same factor, indicating proportionate scalability.