Answer to Question #71648 in Microeconomics for hareemrashid

Question #71648

The average total cost to produce 200 cookies is Rs.0.50. per cookie.The marginal cost is constant at Rs.0.10. for all cookies produced.Refer to this scenario,the total cost to produced 200 cookies is

Expert's answer

Total cost to produce 200 cookies is
200*0.50= Rs.100

Learn more about our help with Assignments: Microeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. A consumer spends all her income on food and clothing. At the current prices of Pf = K10 and Pc = K
2. Suppose the product ploduced and sold lsi:k.; Alia Company Limited has a price elasticity of demand
3. 1. Use the following market demand and supply equations to answer questions a and b Qd = 100 – P
4. What is market equilibrium ??
5. Hi, What will happen to a supply and demand diagram when there is a rise in price of a substitute
6. Where do the marginal adjustment to production end? Explain your answer by a figure.
7. Suppose that the price prevailing in competitive market rises, perhaps because of an increase in mar

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…