Moris just opened a chocolate place, it costs her $500 per day to pay for workers’ wages and an additional $2 for each chocolate they make. a. What are the total cost and average cost functions for Moris chocolates b. If Moris chocolate place is open 6 days a week and sells chocolates for $5 each, how many chocoolates does Moris place need to sell each week to break even on its accounting cost?
Moris just opened a chocolate place, it costs her $500 per day to pay for workers’ wages and an additional $2 for each chocolate they make. a. What are the total cost and average cost functions for Moris chocolates b. If Moris chocolate place is open 6 days a week and sells chocolates for $5 each, how many chocoolates does Moris place need to sell each week to break even on its accounting cost?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Moris just opened a chocolate place, it costs her $500 per day to pay for workers’ wages and an additional $2 for each chocolate they make.
a. What are the total cost and average cost functions for Moris chocolates
b. If Moris chocolate place is open 6 days a week and sells chocolates for $5 each, how many chocoolates does Moris place need to sell each week to break even on its accounting cost?
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