Answer:
the per unit cost is $10
Explanation:
The computation of the per unit cost is shown below:
As we know that
Per unit cost is
= Total cost ÷ number of units produced
= ($5,090 + $5,838 + $4,042) ÷ (1,497 units)
= ($14,970) ÷ (1,497 units)
= $10
hence, the per unit cost is $10
We simply applied the above formula so that the correct value could come
And, the same is to be considered
<span>Determining point of diminishing returns, that is when the policy makers are getting less back than what they put into the programs. This is the most often used economic method by policy makers when they make pollution regulations.</span>
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