Yennefer's current production level, a extra bunch of herbs adds 24 extra spells. Each bunch of herbs costs $61. What is Yennefer's Marginal Cost of an extra spell?

Q: Loretta spent 6 hours studying for an exam, and she received an A on the exam. Normally, she would…

A: here we can calculate marginal cost as follow

Q: A company estimates that it can sell 2,000 units each month of its product if it prices each unit at…

A: The demand function is the mathematical relationship between the quantity of a commodity demanded…

Q: What would be the total cost for extra help employees be for the fiscal year?

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A: In the study of economics, production functions represents the relationship between the quantity of…

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A: Cost minimization refers to the process of reducing the expenses incurred by a business to produce a…

Q: You are considering renting a city apartment with​ 1,000 square feet for ​$1,400 per month. The…

A: Marginal cost is defined as the additional cost incurred on additional unit of purchase. Here 1000…

Q: At Stacy's current production level, an extra bunch of hats adds 20 extra scarves. Each bunch of…

A: Marginal cost is the additional cost of producing an additional unit of output.

Q: The graph shows the benefits and costs of consuming BK Breakfast Burgers. Marginal benefit, marginal…

A: Marginal benefit is the extra gain earned by the consumer when they purchase a good or product. The…

Q: Aaron has been spending five nights studying for his math tests and his current grade in the course…

A: Marginal cost:Marginal cost is the additional unit that is added to the whole value. It is…

Q: Jordan is calculating the worth of a computer by comparing its costs and benefits, including…

A: In economics, costs are the money and non-money spent on goods and services. These expenses include…

Q: How does the shape of the producer's supply function reflect price elasticity ? Does cost analysis…

A: The producer’s supply curve showing the price elasticity in the long and short run can be understood…

Q: Cassian is attending a football game at the University of Georgia. It's a hot and sunny day and he…

A: Marginal cost is the additional cost that is required in order to produce an additional unit.

Q: Vicky currently produces corn and beef at point A in the graph. What is Vicky's marginal cost of…

A: The production possibility frontier refers to a boundary between those combinations of the products…

Q: Total Fixed Total Variable Average Fixed Average Output Cost Cost Total Cost Cost Variable Cost…

A: * SOLUTION :-  * The marginal cost of 4th unit of good is = $ 12.5

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A: In a dynamic, free market, the mortgage lenders compete to acquire customers, which either increases…

Q: Clancy is a hard-working college senior. One Sunday, he decides to work nonstop until he has…

A: Marginal gain or additional gain for every hour is the amount of gain achieved during that hour.…

Q: Use the table to find the required value:  Price $32 Quantity 400,000 Explicit Costs $3,500,000…

A: The economic cost is the sum of explicit cost and implicit cost.

Q: Matthew grows wheat on his farm. One of his fields produced 66.8 bushels of wheat this year. If…

A: Given information: Matthew grows wheat on his farm.  One of his fields produced 66.8 bushels of…

Q: Which of the following best describes why the Hours of Service Regulations were put into place? O To…

A: The driver test is important to ensure the safety of peope with having the all relevant information.…

Q: What is the difference between an Internal Customer and an External Customer? Why are both equally…

A: External Customers are those customers to whom the business is having business dealing for selling…