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    Exam 11: Output and Costs
  5. Question
    -Cindy's Sweaters' Production Function Is Shown in the Above Table
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-Cindy's Sweaters' Production Function Is Shown in the Above Table

Question 375

Question 375

Multiple Choice

  -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. If Cindy produces 18 sweaters per day, what is her total cost? A)  $120 B)  $140 C)  $180 D)  $60
-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. If Cindy produces 18 sweaters per day, what is her total cost?


A) $120
B) $140
C) $180
D) $60

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