Answered

Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

In order to produce 100 oatmeal cookies, goodiecookieco incurs an average total cost of $0. 25 per cookie. The company’s marginal cost is constant at $0. 10 for all oatmeal cookies produced. The total cost to produce 50 oatmeal cookies is.

Sagot :

abiolataiwo2015

The total cost to produce 50 oatmeal cookies is $20.

Total cost to produce

First step is to calculate the total cost to produce 100 cookies:

Total cost to produce= Average total cost × Quantity

Total cost to produce=$.25×100

Total cost to produce=$25

Second step is to calculate the total cost to produce 50 cookies:

Total cost to produce=$25-($0.10 ×50)

Total cost to produce=$25-$5

Total cost to produce=$20

Inconclusion the total cost to produce 50 cookies is $20.  

Learn more about total cost here:https://brainly.com/question/14464098

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.