Asked by Jonah Marukot on Jun 09, 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 3 units of copper and 3 units of zinc for each unit of alloy produced.If no other inputs are needed, the price of copper is $3, and the price of zinc is $3, what is the average cost per unit when 4,000 units of the alloy are produced?

A) $9.50
B) $1,000
C) $1
D) $18
E) $9,500

Average Cost

The total cost of production divided by the number of units produced, indicating the cost per unit.

Copper

A reddish-brown metal with high electrical and thermal conductivity, used extensively in electrical wiring and plumbing.

Zinc

A metallic element used primarily for galvanizing steel and iron products to prevent rust; also important in biology and nutrition.

  • Determine the average expenditure per production unit.
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SM
Sojan ManuelJun 14, 2024
Final Answer :
D
Explanation :
The cost of copper per unit of alloy is 3 units * $3 = $9. The cost of zinc per unit of alloy is 3 units * $3 = $9. So, the total cost per unit of alloy is $9 + $9 = $18.