MCQOPTIONS
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| 1. |
If y = 3x((x + a)/(x + b)) + 5 where, a and b are constants and a > b, be the total cost for x unit of output of a commodity. What will be the nature of marginal cost as the output increases continuously? |
| A. | Does not change |
| B. | ) + 5 where, a and b are constants and a > b, be the total cost for x unit of output of a commodity. What will be the nature of marginal cost as the output increases continuously?a) Does not changeb) Increases continuously |
| C. | Falls continuously |
| D. | Changes as the interval of y changes |
| Answer» D. Changes as the interval of y changes | |