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Sholpan [36]
3 years ago
9

If the average cost of producing ten sweaters is $6.50 and the marginal cost of producing the tenth sweater is $6.75, the averag

e cost of producing 11 sweaters will be:
Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

7.15 dollars

Explanation:

Cost of one sweater=$6.50/10

=$0.65

Now,

Cost of 11 sweater = $0.65*11

=$7. 15

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