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

question 28

Multiple Choice

-Cindy's Shirts' production function is shown in the above table. Cindy rents two sewing machines for $30 a day each and hires workers at a daily wage rate of $40 per worker. What is the marginal cost when production increases from 18 to 20 units per day?

• A) $40.00
• B) $10.00
• C) $20.00
• D) $8.00

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Definitions:

Fundamentalist Preachers

Religious leaders who promote a strict adherence to what they perceive as the fundamental principles of their faith.

Irony

A literary device or situation in which there is a significant difference between what is expected or understood and what actually happens or is meant.

Radio Broadcasting

The transmission of audio programming through radio waves to reach a wide audience.

Sit-Down Strike

Tactic adopted by labor unions in the mid- and late 1930s, whereby striking workers refused to leave factories, making production impossible; proved highly effective in the organizing drive of the Congress of Industrial Organizations.