Austin's Total Fixed Cost at the Bakery Is $3,600 a Month.Austin

question 216

Multiple Choice

Austin's total fixed cost at the bakery is $3,600 a month.Austin employs 20 workers and pays each worker $8 an hour.The marginal product of the twentieth worker is 12 iced cupcakes an hour.What is the marginal cost of the last cupcake produced by the last worker Austin hired?

• A)$0.26
• B)$0.66
• C)$3.81
• D)$8

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