The Accompanying Daily Amount Of Capital The Cost Of Labour Is 50 Per Unit Per Day And The Fixed Cost Of The Capital I 1 (40.64 KiB) Viewed 9 times
The Accompanying Daily Amount Of Capital The Cost Of Labour Is 50 Per Unit Per Day And The Fixed Cost Of The Capital I 2 (39.3 KiB) Viewed 9 times
The accompanying daily amount of capital. The cost of labour is $50 per unit per day and the fixed cost of the capital is $1000 per day. Click the icon to view the table. a. Using the information provided, compute all of the short-run costs for this firm and complete the table. Remember to record the marginal costs between the rows indicating total cost. Complete the third, fourth, and fifth columns of the table. Units of Labour Total Output (per day) (per day) 20 200 40 60 80 100 120 140 500 1200 1980 2230 2350 TFC $ 1000 $1000 $ 1000 $ 1000 $ 1000 $1000 2410 $ 1000 TVC $ 1000 $ 2000 $ 3000 $4000 $5000 $ 6000 $ 7000 polumns of the table TC $ 2000 $ 3000 $ 4000 $ 5000 $ 6000 $ 7000 $ 8000 MC AFC AVC ATC
Complete the last four columns of the table. Units of Labour (per day) 20 40 60 80 100 120 140 Total Output (per day) 200 500 1200 1980 2230 2350 2410 Get more help. TFC TVC TC MC 3.33 1.43 $1.28 4.00 $8.33 $16.67 AFC $5.00 $2.00 $4.00 $6.00 $0.83 $0.51 $0.45 $0.43 AVC ATC $5.00 $10.00 $2.50 $3.33 $2.02 $2.53 $2.24 $2.69 $2.55 $0.41 $2.90 (Round your responses to the nearest cent.) Clear all 2.98 $0.32 Final check
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