The graph of a company's total cost function is shown. Use the graph to answer the following questions. C(x) 40,000+ 30,000 + Dollars 20.000 + 10,000 I 200 600 400 Units 0 (a) Wil the 15 ist item or the 501st item cost more to produce? Explain. The 15 ist unit will cost Select than the 501st unit, since CX150) is than C(500), and the slope gives the cost of the next unit. (1) Does this total cost function represent a manufacturing process that is getting more efficient or less efficient? Explain The manufacturing process is becoming --Select efficient. Since the slope is , the cost of each additional unit is than the previous unit. The graph of a company's total cost function is shown. Use the graph to answer the following questions. C(x) 40,000+ 30,000 + Dollars 20.000 + 10,000 I 200 600 400 Units 0 (a) Wil the 15 ist item or the 501st item cost more to produce? Explain. The 15 ist unit will cost Select than the 501st unit, since CX150) is than C(500), and the slope gives the cost of the next unit. (1) Does this total cost function represent a manufacturing process that is getting more efficient or less efficient? Explain The manufacturing process is becoming --Select efficient. Since the slope is , the cost of each additional unit is than the previous unit