ASSIGNMENT ID
1026847
SUBJECT AREA Economics
DOCUMENT TYPE Essay
CREATED ON 1st July 2019
COMPLETED ON 8th July 2019
PRICE
$30
18 OFFERS RECEIVED.
Expert hired: NerdChic

Cost of Cookies

Option #1: The Price of Cookies This module has focused on different business costs. For this week’s paper, go to your local grocery store and price the ingredients for baking chocolate chip cookies. For simplicity, assume the ingredients for three dozen cookies are: One 16 oz. box of sugar One 12 oz. bag of chocolate chips One 2 lb. bag of flour One dozen eggs A fixed cost of $30 to rent a kitchen with an oven for a day Assume in an hour you can bake two dozen cookies and that the cost of your time is $10 an hour. In a paper: Calculate the average total cost, average variable cost, average fixed cost, and marginal cost for baking one dozen, two dozen, three dozen, four dozen, five dozen, six dozen, seven dozen, eight dozen, nine dozen, and ten dozen cookies. Show your work for the calculations and create a table with just cost numbers. Create the graphs for each of the cost numbers. Graph them on the same graph. Recalculate the costs assuming the cost to rent the kitchen with an oven dropped to $15. Compare the new calculations with the old calculations. Your paper should be 3-4 pages in length and contain 3 scholarly article references
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01 July 2019
User created a project for Economics
01 July 2019
18 experts responded
01 July 2019
User contacted expert NerdChic
01 July 2019
User hired expert NerdChic who offered a price of $30 for the project and has experience doing similar projects
08 July 2019
The expert completed the project Cost of Cookies for 7 days, meeting the deadline
08 July 2019
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08 July 2019
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