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?
3 answers
The rate of cost growth at the factory is constant.
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
Which of the following describes the rate of cost growth at the factory?
nonlinear
linear
neither linear nor nonlinear
both linear and nonlinear
The rate of cost growth at the factory is linear.