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Stells [14]
2 years ago
5

In order to produce 100 oatmeal cookies, Goodie Cookie Co. incurs an average total cost of $0.25 per cookie. The company’s margi

nal cost is constant at $0.10 for all oatmeal cookies produced. The total cost to produce 50 oatmeal cookies is a) $60 b) $50 c) $25 d) $20
Mathematics
1 answer:
amm18122 years ago
8 0

Answer:

Option D : $20

Step-by-step explanation:

The average total cost to produce 100 oatmeal cookie = $0.25 per cookie.

So, total cost for 100 cookies will be = 0.25\times100=25 dollars

The company’s marginal cost is constant at $0.10 for all oatmeal cookies produced.

When 50 cookies are produced, the marginal cost will be = 0.10\times50=5dollars

The total cost to produce 50 oatmeal cookies = 25-5=20 dollars

Hence, option D is correct.

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Katie was visiting her grandpas farm

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Learn more:

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