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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 76

Question 76

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. What is the marginal cost of the 19th sweater? A)  $40.00 B)  $20.00 C)  $10.00 D)  $8.00
-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. What is the marginal cost of the 19th sweater?


A) $40.00
B) $20.00
C) $10.00
D) $8.00

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