A firm builds wooden shipping crates. How does the cost of producing a 1-cubic-foot crate (each side

Question:

A firm builds wooden shipping crates. How does the cost of producing a 1-cubic-foot crate (each side is 1 foot square) compare to the cost of building an 8-cubic-foot crate if wood costs $1 per square foot and the firm has no labor or other costs? More generally, how does cost vary with volume?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: