Norder to produce 100 oatmeal cookies, goodiecookieco incurs an average total cost of $0.25 per cookie. the company's marginal cost is constant at $0.10 for all oatmeal cookies produced. the total cost to produce 50 oatmeal cookies is

$20

Step-by-step explanation:

Given Average total cost  to produce 100 oatmeal cookies = $0.25

Total cost(TC) = 0.25 x 100 = 25

Marginal Cost (MC)= $0.10

Total Variable Cost(TVC)  to produce 100 cookies = Marginal Cost X 100 = 10

Total Fixed Cost (TFC) to produce 100 cookies = TC-TVC = 25-10 = $15

Total cost of producing 50 cookies

=TFC+TVC

=TFC + (MC X 50)

=15+(0.10 X 50)

=15+5

=$20

(2,20) means that the 2 is 2 hours and 20 is 20$. so there both 20$ for 2 hours only the same price. like it says. so, the dunk tank and the bounce house are the same price (20$) for the same amount of time (2 hours).

hope i