Refer to the table below. What is Crunchy Fruits total marginal cost to produce 13,250 units?
Crunchy Fruits makes dried fruit snacks. Crunchy Fruits has a multi-plant firm with two production facilities. The table above summarizes the marginal cost of production at the individual plants and the corresponding quantity produced at the individual plants.
A) $3.05
B) $1.80
C) $1.25
D) $3.00
A) $3.05
You might also like to view...
Which of the following is a fixed cost of driving a car?
a. gasoline b. maintenance c. tires d. license plates e. motor oil
The decision by firms to enter a market shifts the market supply curve to the right.
Answer the following statement true (T) or false (F)
In the Keynesian framework, as long as output is ________ the equilibrium level, unplanned inventory investment will remain ________, firms will continue to lower production, and output will continue to fall
A) below; negative B) above; negative C) below; positive D) above; positive
The most important determinant of a household's consumption spending is:
a. its disposable income b. the in-kind transfers received by the household. c. the level of education of the members of the household. d. the interest rate. e. the ratio of wage to non-wage income of the household.