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makvit [3.9K]
2 years ago
13

In order to produce 100 oatmeal cookies, goodiecookieco incurs an average total cost of $0. 25 per cookie. The company’s margina

l cost is constant at $0. 10 for all oatmeal cookies produced. The total cost to produce 50 oatmeal cookies is.
SAT
1 answer:
WINSTONCH [101]2 years ago
6 0

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

<h3>Total cost to produce</h3>

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:brainly.com/question/14464098

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