ProPainters hires students at $250 a week to paint houses. It leases equipment at $500 a week. The table below sets out its total product schedule. Labor (students) 1 2 3 4 5 6 Output (houses painted per week) 2 5 9 12 14 15 If ProPainters paints 12 houses a week, calculate its average total cost? $104.2 per house. $41.7 per house. $83.3 per house. $125 per house.

Survey Of Economics
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ISBN:9781337111522
Author:Tucker, Irvin B.
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Chapter6: Proudction Costs
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ProPainters hires students at $250 a week to paint houses. It leases equipment at
$500 a week. The table below sets out its total product schedule.
Labor
(students)
1
2
3
5
Output
(houses painted
per week)
2
5
9
12
14
15
If ProPainters paints 12 houses a week, calculate its average total cost?
$104.2 per house.
$41.7 per house.
$83.3 per house.
$125 per house.
Transcribed Image Text:ProPainters hires students at $250 a week to paint houses. It leases equipment at $500 a week. The table below sets out its total product schedule. Labor (students) 1 2 3 5 Output (houses painted per week) 2 5 9 12 14 15 If ProPainters paints 12 houses a week, calculate its average total cost? $104.2 per house. $41.7 per house. $83.3 per house. $125 per house.
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