-Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for $30 a day each and hires workers at a wage rate of $40 a day. What is the marginal cost of the 19th sweater?
A) $40.00
B) $20.00
C) $10.00
D) $8.00

Question

-Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for $30 a day each and hires workers at a wage rate of $40 a day. What is the marginal cost of the 19th sweater?
A) $40.00 
B) $20.00 
C) $10.00 
D) $8.00

Quizplus · Accepted Answer

The Answer of 
-Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for $30 a day each and hires workers at a wage rate of $40 a day. What is the marginal cost of the 19th sweater?
A) $40.00 
B) $20.00 
C) $10.00 
D) $8.00

-Cindy's Sweaters' Production Function Is Shown in the Above Table