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What is the total cost of producing 5 tie-dyed t-shirts

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Reference no: EM133063128

The table below shows Crystal's total cost of producing different quantities of tie-dyed t-shirts for a local arts festival. 

Instructions: Enter your answers as a whole number.

a. Complete the marginal cost column in the table.

Tie-Dyed T-Shirt Production Costs

Output

Total Cost (dollars)

Marginal Cost (dollars)

0

$20

-

1

24

$ 

2

27

 

3

29

 

4

33

 

5

39

 

6

47

 

b. What is the total cost of producing 5 tie-dyed t-shirts? 

c. What is the marginal cost of producing the 5th tie-dyed t-shirt?

Reference no: EM133063128

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