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Gabriel Alejandro
on Oct 14, 2024

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suppose that a new alloy is invented which uses copper and zinc in fixed proportions where 1 unit of output requires 4 units of copper and 4 units of zinc for each unit of alloy produced.If no other inputs are needed, the price of copper is $5, and the price of zinc is $2, what is the average cost per unit when 2,000 units of the alloy are produced?

A) $14.25
B) $.50
C) $28
D) $500
E) $14,250

Average Cost

It refers to the total cost per unit produced, calculated by dividing the total cost of production by the number of units produced.

Copper

A reddish-brown, malleable, ductile metallic element used as a conductor of heat and electricity, and in various alloys.

Zinc

A chemical element with symbol Zn and atomic number 30, used primarily for galvanizing steel to protect against corrosion.

  • Compute the mean expense for each unit manufactured.
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America VillanuevaOct 17, 2024
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