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 61 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
Wow, this really help


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library