Question

A factory that manufactures basketballs spends $4 on each basketball that it produces.

Which of the following describes the rate of cost growth at the factory?

Answer 1

The rate of cost growth at the factory is constant.

Answer 2

A factory that manufactures basketballs spends $4 on each basketball that it produces.
Which of the following describes the rate of cost growth at the factory?

nonlinear

linear

neither linear nor nonlinear

both linear and nonlinear

Answer 3

The rate of cost growth at the factory is linear.