« previous next »

Author Question: The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when ... (Read 44 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
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.

Question 2

Lizzie's preferences are shown in the figure above. Lizzie definitely prefers consuming ________ to consuming ________.
 
  A) 1 comic book and 12 cookies; 4 comic books and 4 cookies
  B) 2 comic books and 12 cookies; 4 comic books and 8 cookies
  C) 4 comic books and 12 cookies; 2 comic books and 12 cookies
  D) 6 comic books and 12 cookies; 8 comic books and 16 cookies


lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
The Periodic Table (Part 2) The Periodic Table (Part 2)
Assistance in getting off the massage table. Assistance in getting off the massage table.
Agricultural Land as a Fraction of Total Wealth in the United Kingdom Agricultural Land as a Fraction of Total Wealth in the United Kingdom
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library