This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Marginal and Average CostsThe table shows the quantity of workers and short-run production for ... (Read 61 times)

amymoore

  • Full Member
  • ***
  • Posts: 161
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by amymoore on Nov 23, 2022

khudija

  • Full Member
  • ***
  • Posts: 171
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.
Answer Preview
Only 64% of students answer this correctly


amymoore

  • Member
  • Posts: 161
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Height and weight table Height and weight table
Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
Wood coffee table Wood coffee table
Handcrafted wooden coffee table Handcrafted wooden coffee table
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library