
-Cindy's Shirts' production function is shown in the above table. Cindy rents two sewing machines for $30 a day each and hires workers at a wage rate of $40 a day per worker. If Cindy produces 18 sweaters per day, what is her average total cost?
A) $10.00
B) $13.33
C) $6.67
D) $11.00
Correct Answer:
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Q1: Which of the following costs are part
Q2: A firm's opportunity costs _.
A) increase when
Q3: Q4: A firm's marginal cost is the change Q6: Which of the following statements is true? Q7: Tudor's Deli and Catering could have sold Q8: Total variable cost is the sum of Q9: When the total product curve is drawn![]()
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