Tanya opens a lemonade stand and produces one pitcher of lemonade made from $2 worth of...

 

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Tanya opens a lemonade stand and produces one pitcher of lemonade made from $2 worth of lemons and $1 worth of sugar. Each pitcher yields 20 cups. Twenty plastic cups cost Tanya $1. Assuming no cost for her own labor and no cost for pitcher, spoon and table lent by her mother, what is her average total cost of production? Tanya opens a lemonade stand and produces one pitcher of lemonade made from $2 worth of lemons and $1 worth of sugar. Each pitcher yields 20 cups. Twenty plastic cups cost Tanya $1. Assuming no cost for her own labor and no cost for pitcher, spoon and table lent by her mother, what is her average total cost of production?

Answer rating: 100% (QA)

Given Cost of lemons per pitcher 2 Cost of sugar per pitcher 1 Cost of plastic cups 1 for 20 cups Ea... View the full answer