Cost of Production Welcome! You are encouraged to register with the site and login (for free). When you register, you support the site and your question history is saved.The cost of production of a certain item increases, though not proportionally, with the number of units produced. Is the cost of production of 4,800 units less than $40,000?(1) The cost of producing 4,600 units is more than $30,000.(2) The cost of producing 4,700 units is more than $50,000. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient. EACH statement ALONE is sufficient. Statements (1) and (2) TOGETHER are NOT sufficient. Review Answer