i bet it coast a lot because the cellphone was over $400,000.
The marginal cost of production at 300 leather jackets is calculated by finding the difference in total cost when producing one additional unit. In this case, the total cost of producing 301 jackets is $435, and the cost of producing 300 jackets is $400. Therefore, the marginal cost is $435 - $400 = $35. Thus, the marginal cost of producing the 301st leather jacket is $35.
MC is the cost of producing one extra good, so if the cost of producing that one extra good is above the average, then the ATC increases.
$35
marginal cost
No, the cost of producing one more unit of output is not considered a fixed cost; it is referred to as marginal cost. Fixed costs remain constant regardless of the level of production, such as rent or salaries, while marginal cost represents the additional cost incurred for producing one more unit, which can vary depending on production levels and resource usage.
1,000,000,000 $
(One Hug. :)) this is not a correct answer - the first electric toaster was invented in the early 1900's.
A basic Oster two-slice toaster will cost about $15. However, the fancier the model, the more you will pay. Oster makes a two slice toaster that will also poach an egg that costs $35.
$23
The price of Oster toaster ovens ranges depending on the size and style of toaster oven that you are looking to acquire. Some Oster toaster ovens can be purchased for as little as 20 but most are priced above 40.
$26
At Overstock, the Krups toaster oven is $225.4. However, at Wayfair, the same oven is there for $149.99. Both of them are available to be bought online.
The total cost of producing a widget.
When the total cost of producing the food exceeds - or is even equal to - the cost of producing it, it costs too much to produce it.
Copper is a good conductor of electricity, making it ideal for transmitting the electric current in a toaster efficiently. Additionally, copper is durable, heat-resistant, and readily available, making it a cost-effective choice for toaster wiring.
Well, at a restaurant I'd say about a pound or something like that. But if you have a toaster all you need to do is buy bread so I'd guess about 50p?
The first automatic pop up toaster was patented by Charles Strite in 1919. Strite's toasters cost around $25.00, which is the equivalent of $393.00 today.