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-Cindy's Sweaters' Production Function Is Shown in the Above Table

Question 8

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 average total cost? A) $6.67 B) $10.00 C) $11.00 D) $13.33
-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 average total cost?


A) $6.67
B) $10.00
C) $11.00
D) $13.33

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