-Cindy's Sweaters' Production Function Is Shown in the Above Table

question 8

Multiple Choice

-Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for $30 a day each and hires workers at a wage rate of $40 a day. If Cindy produces 18 sweaters per day, what is her average total cost?

• A) $6.67
• B) $10.00
• C) $11.00
• D) $13.33

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Definitions:

Generalized Anxiety Disorders

A mental health disorder characterized by persistent and excessive worry about various aspects of daily life.

Repetitive Activities

Actions or behaviors that are performed over and over again, oftentimes in a compulsive or ritualistic manner.

Second Anxiety Disorder

A subsequent diagnosed anxiety disorder that occurs in addition to another, previously identified anxiety disorder, showcasing the complexity or co-occurrence of mental health issues.

Psychiatric Disorder

A mental health condition characterized by disturbances in thought, behavior, or emotions that lead to significant distress or impairment in social, occupational, or other important areas of functioning.