A company manufactures a variety of camp stoves at different locations. The total cost C(x) (in dollars) of producing x camp stoves per week at plant A is shown in the figure. Discuss the graph of the marginal cost function C'(x) and interpret the graph of C'(x) in terms of the efficiency of the production process at this plant DODA C(x) $100,000 $50,000 500 1,000 Choose the correct answer below. OA. The graph of y=C'(x) shows that the marginal cost function is negative and decreasing. Since marginal costs are decreasing, the production process is becoming more efficient as production increases. OB. The graph of y=C'(x) shows that the marginal cost function is positive and increasing. Since marginal costs are increasing, the production process is becoming less efficient as production increases. OC. The graph of y=C'(x) shows that the marginal cost function is positive and decreasing. Since marginal costs are decreasing, the production process is becoming more efficient as production increases. O D. The graph of y= C'(x) shows that the marginal cost function is negative and increasing. Since marginal costs are increasing, the production process is becoming less efficient as production increases.
A company manufactures a variety of camp stoves at different locations. The total cost C(x) (in dollars) of producing x camp stoves per week at plant A is shown in the figure. Discuss the graph of the marginal cost function C'(x) and interpret the graph of C'(x) in terms of the efficiency of the production process at this plant DODA C(x) $100,000 $50,000 500 1,000 Choose the correct answer below. OA. The graph of y=C'(x) shows that the marginal cost function is negative and decreasing. Since marginal costs are decreasing, the production process is becoming more efficient as production increases. OB. The graph of y=C'(x) shows that the marginal cost function is positive and increasing. Since marginal costs are increasing, the production process is becoming less efficient as production increases. OC. The graph of y=C'(x) shows that the marginal cost function is positive and decreasing. Since marginal costs are decreasing, the production process is becoming more efficient as production increases. O D. The graph of y= C'(x) shows that the marginal cost function is negative and increasing. Since marginal costs are increasing, the production process is becoming less efficient as production increases.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A company manufactures a variety of camp stoves at different locations. The
total cost C(x) (in dollars) of producing x camp stoves per week at plant A is
shown in the figure. Discuss the graph of the marginal cost function C'(x) and
interpret the graph of C'(x) in terms of the efficiency of the production process at
this plant
DODA
C(x)
$100,000
$50,000
500
1,000
Choose the correct answer below.
OA. The graph of y=C'(x) shows that the marginal cost function is negative and decreasing. Since marginal costs
are decreasing, the production process is becoming more efficient as production increases.
OB. The graph of y=C'(x) shows that the marginal cost function is positive and increasing. Since marginal costs
are increasing, the production process is becoming less efficient as production increases.
OC. The graph of y=C'(x) shows that the marginal cost function is positive and decreasing. Since marginal costs
are decreasing, the production process is becoming more efficient as production increases.
O D. The graph of y= C'(x) shows that the marginal cost function is negative and increasing. Since marginal costs
are increasing, the production process is becoming less efficient as production increases
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