EmmaKozlewski6697 EmmaKozlewski6697

12-04-2022
Business

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If the average cost of producing ten sweaters is $6.50 and the marginal cost of producing the tenth sweater is $6.75, the average cost of producing 11 sweaters will be:

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prasoondevkota2019 prasoondevkota2019

12-04-2022

Answer:

7.15 dollars

Explanation:

Cost of one sweater=$6.50/10

=$0.65

Now,

Cost of 11 sweater = $0.65*11

=$7. 15

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