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    Exam 11: Output and Costs
  5. Question
    -The Table Above Gives Production Information for Bob's Baseball Cap
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-The Table Above Gives Production Information for Bob's Baseball Cap

Question 429

Question 429

Multiple Choice

  -The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The marginal cost per hat of producing 30 hats per hour (instead of 25)  is A)  $240.00 per hat. B)  $250.00 per hat. C)  $8.33 per hat. D)  $2.00 per hat.
-The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The marginal cost per hat of producing 30 hats per hour (instead of 25) is


A) $240.00 per hat.
B) $250.00 per hat.
C) $8.33 per hat.
D) $2.00 per hat.

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