This topic contains a solution. Click here to go to the answer

Author Question: The following data show the total output for a firm when different amounts of labour are combined ... (Read 60 times)

wqwpfwpoefnpwenf

  • Full Member
  • ***
  • Posts: 159
The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital. Assume the wage per unit of labour is $10 and the cost of the capital is $50.

Labour per periodTotal output per period
0   0
1  10
2  30
3  90
4132
5150

TABLE 7-3

Refer to Table 7-3. If this firm is producing 111 units of output per period, its marginal cost is
◦ 16.7 cents.
◦ 24 cents.
◦ 38 cents.
◦ $1.00.
◦ 76 cents.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by wqwpfwpoefnpwenf on Oct 12, 2022

risolinick@gmail.com

  • Full Member
  • ***
  • Posts: 150
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.
Answer Preview
Only 29% of students answer this correctly




wqwpfwpoefnpwenf

  • Member
  • Posts: 159
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library