Easy-toothy is a price-taking producer of tooth fairy’s sling bags (these are bags for tooth fairies to carry coins and teeth). The following table depicts Easy-toothy’s total cost of producing different quantities of tooth fairy’s sling bags.Output levelTotal Cost ($)0012263x427542Which of the following values of x is consistent with Easy-toothy to optimally produce 3 units of output when the price of tooth fairy’s sling bags is $9/unit?142024There is insufficient information to determine.

. The activity that contributes most to Tooth Fairy’s manufacturing overhead cost is the cost of themixing activity. Lorrie wants to gain a better understanding of what drives the cost of this activity.In doing so, Lorrie hopes to be in a better position to forecast her costs as she finalises her businessplans for next year.(a) Lorrie believes that the most likely cost driver of the mixing activity is the weight of the candymixture (measured in kilograms). She presents you with data on mixing cost and the weightof candy mixture from the past 14 weeks (see Table 1), and informs you that the relevantrange of mixture weight is always between 90 kilograms and 250 kilograms.(i) Use the High-Low method to develop a cost equation for mixing cost, using mixtureweight as the cost driver.(ii) The operations manager thinks that number of batches is a better cost driver (therelevant range of batches is 300-1,500). Use the High-Low method to develop a costequation for mixing cost using number of batches as the cost driver.

David paid $13.29 for a 7.03-kg bag of dog food. A few weeks later, he paid $13.58 for a 7.26-kg bag at a different store.Find the unit price for each bag. Then state which bag is the better buy based on the unit price.Round your answers to the nearest cent.Unit price for the 7.03-kg bag: $perkgUnit price for the 7.26-kg bag: $perkgThe better buy: The 7.03-kg bagThe 7.26-kg bagNeither (They have the same unit price)

Frank paid $15.54 for a 2.12-pound bag of shrimp at one store. The following week, he paid $33.89 for a 4.54-pound bag at another store.Find the unit price for each bag. Then state which bag is the better buy based on the unit price.Round your answers to the nearest cent.Unit price for the 2.12-pound bag: $perpoundUnit price for the 4.54-pound bag: $perpoundThe better buy: The 2.12-pound bagThe 4.54-pound bagNeither (They have the same unit price)

Use the following information to answer the question below. Cloe is given $4 of pocket money to be spent on either hard candies or chocolates. Chocolates cost 40 cents each and hard candies cost 80 cents each. The marginal utilities derived from the consumption of each product are as shown in the following table. Number of ItemsMarginal Utility of ChocolatesMarginal Utility of Hard Candies160150250140340120430100520 80610 707  5 508  0 20 What is Cloe’s total utility at her utility maximizing bundle?Multiple Choice870 utils620 utils80 utils150 utils

Sam paid $14.98 for a 7.26-kg bag of dog food. A few weeks later, he paid $17.54 for a 7.94-kg bag at a different store.Find the unit price for each bag. Then state which bag is the better buy based on the unit price.Round your answers to the nearest cent.Unit price for the 7.26-kg bag: $perkgUnit price for the 7.94-kg bag: $perkgThe better buy: The 7.26-kg bagThe 7.94-kg bagNeither (They have the same unit price)