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Author Question: Marginal and Average CostsThe table shows the quantity of workers and short-run production for ... (Read 52 times)

amymoore

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on: Nov 23, 2022
Marginal and Average Costs

The table shows the quantity of workers and short-run production for Huong's Waffles.

Quantity of WorkersQuantity of Waffles
per Week
00
1157​
2170​
3176​
4181​
5176​
The waffle maker costs $610 and each worker costs $700 per week. Only one waffle maker is needed regardless of the number of employees. If Huong hires 4 workers, what are his fixed costs? What are his variable costs? What is his average cost per waffle? What is the marginal cost?
Please round your final answer to two decimal places.
◦ $2800, $610, $140.00, $18.84
◦ $2800, $610, $18.84, $140.00
◦ $610, $2800, $18.84, $140.00
◦ $610, $2800, $140.00, $18.84
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by amymoore on Nov 23, 2022

khudija

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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amymoore

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

softEldritch

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Reply 3 on: Yesterday
Wow, this really help

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