The experience-curve concept: a. suggests that achieving low costs allows a firm to charge a premium price. b. is least likely to bottom out as long as the company does not stop production. c. suggests that unit manufacturing costs increase by a certain amount each time output is increased. d. is very important in industries that mass-produce a standardized output. e. helps a company realize both learning effects and diseconomies of scale.

answer:

b

Step-by-step explanation:

2

step-by-2step explanation:

the direct variation says that:

then the equation is of the form is given by:

            where k is the constant variation.

from the given table:

consider any value of x and m(x)=y

x = 2 and m(x)=y = 3

substitute these value in [1]; we have;

divide both sides by 2 we get;

⇒

check:

put x = -1 and m(x) = -1.5

substitute in the equation:

-1.5 = -1.5                   true

therefore, the function m(x) represents a direct variation

graph of this function as shown below: