-The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The total cost of producing 30 baseball hats per hour is
A) $50.
B) $200.
C) $250.
D) More information is needed to answer the question.

Question

-The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The total cost of producing 30 baseball hats per hour is
A) $50. 
B) $200. 
C) $250. 
D) More information is needed to answer the question.

Quizplus · Accepted Answer

The total cost includes fixed costs and variable costs. Fixed costs are $200. If 30 caps are produced, we need to know the number of worker hours required to produce them to calculate variable costs. However, since the problem doesn't provide this information, we assume the cost of workers is included in the $200 fixed cost, making the total cost $250.

-The Table Above Gives Production Information for Bob's Baseball Cap