Answered

IDNLearn.com offers a unique blend of expert answers and community insights. Get accurate and detailed answers to your questions from our dedicated community members who are always ready to help.

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 :

Abiolataiwo2015idn

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

We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.