-The Table Above Gives Production Information for Bob's Baseball Cap

question 429

Multiple Choice

-The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The marginal cost per hat of producing 30 hats per hour (instead of 25) is

• A) $240.00 per hat.
• B) $250.00 per hat.
• C) $8.33 per hat.
• D) $2.00 per hat.