Typed plz and asap thanks I want quality solution please QUESTION 21Imagine you are a manager at Power Boost Waters. Your company is known for producing bottled water forathletes and clubs and companies. Recently, you have been closely monitoring your production costs toensure efficient operations. You have collected data on your short-run total cost schedule, which is areflection of how your production costs change as you adjust the quantity of energy drinks produced in theshort run. This data provides valuable insights into the cost structure of your business and can help youmake informed decisions about pricing, production levels, and profitability.The following table represents the short-run total cost schedule of Power Boost Waters. Study the table, andthen answer the question.Labour(workers per day)012345a) R5b) R6c)d) R20Output(bottles of mineralwater per day03080120R12,50140150Total cost(R)4007001 000When output increases from 30 to 80 bottles of mineral water, the marginal cost of producing one of those 50 bottles ofmineral water is1 3001 6001900ENG KindlyQUESTION 21Imagine you are a manager at Power Boost Waters. Your company is known for producing bottled water forathletes and clubs and companies. Recently, you have been closely monitoring your production costs toensure efficient operations. You have collected data on your short-run total cost schedule, which is areflection of how your production costs change as you adjust the quantity of energy drinks produced in theshort run. This data provides valuable insights into the cost structure of your business and can help youmake informed decisions about pricing, production levels, and profitability.The following table represents the short-run total cost schedule of Power Boost Waters. Study the table, andthen answer the question.Labour(workers per day)01assist with this problem2345a) R5b) R6c) R12,50d)R20Show Transcribed TextOutput(bottles of mineralwater per dayĴ03080120140150When output increases from 30 to 80 bottles of mineral water, the marginal cost of producing one of those 50 bottles ofmineral water isTotal cost(R)4007001000130016001900ENG

Marginal cost is a fundamental concept in economics that represents the additional cost incurred by…

Imagine you are a manager at Power Boost Waters. Your company is known for producing bottled water for athletes and clubs and companies. Recently, you have been closely monitoring your production costs to ensure efficient operations. You have collected data on your short-run total cost schedule, which is a reflection of how your production costs change as you adjust the quantity of energy drinks produced in the short run. This data provides valuable insights into the cost structure of your business and can help you make informed decisions about pricing, production levels, and profitability. The following table represents the short-run total cost schedule of Power Boost Waters. Study the table, and then answer the question. Labour (workers per day) 0 1 a) b) c) d) 2 3 4 5 Output (bottles of mineral water per day 0 30 80 120 R5 R6 R12,50 R20 140 150 Total cost (R) 400 700 1000 1 300 When output increases from 30 to 80 bottles of mineral water, the marginal cost of producing one of those 50 bottles of mineral water is 1600 1900

Imagine you are a manager at Power Boost Waters. Your company is known for producing bottled water for athletes and clubs and companies. Recently, you have been closely monitoring your production costs to ensure efficient operations. You have collected data on your short-run total cost schedule, which is a reflection of how your production costs change as you adjust the quantity of energy drinks produced in the short run. This data provides valuable insights into the cost structure of your business and can help you make informed decisions about pricing, production levels, and profitability. The following table represents the short-run total cost schedule of Power Boost Waters. Study the table, and then answer the question. Labour (workers per day) 0 1 a) b) c) d) 2 3 4 5 Output (bottles of mineral water per day 0 30 80 120 R5 R6 R12,50 R20 140 150 Total cost (R) 400 700 1000 1 300 When output increases from 30 to 80 bottles of mineral water, the marginal cost of producing one of those 50 bottles of mineral water is 1600 1900

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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