Labor (workers/day) Output (units/day) Total fixed cost ($/day) Total variable cost ($/day) Total cost ($/day) 50 50 50 75 A 100 50 125 50 C 50 175 0 1 2 3 4 5 0 8 15 21 26 30 A: Total fixed cost with two workers per day: $ B: Total variable cost with three workers per day: $ C: Total cost with four workers per day: S 0 25 50 B 100 125

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Labor (workers/day) Output (units/day) Total fixed cost ($/day) Total variable cost ($/day) Total cost ($/day)
50
50
50
75
A
100
50
125
50
C
50
175
0
1
2
3
4
5
0
8
15
21
26
30
A: Total fixed cost with two workers per day: $
B: Total variable cost with three workers per day: $
C: Total cost with four workers per day: $
0
25
50
B
100
125
Transcribed Image Text:Labor (workers/day) Output (units/day) Total fixed cost ($/day) Total variable cost ($/day) Total cost ($/day) 50 50 50 75 A 100 50 125 50 C 50 175 0 1 2 3 4 5 0 8 15 21 26 30 A: Total fixed cost with two workers per day: $ B: Total variable cost with three workers per day: $ C: Total cost with four workers per day: $ 0 25 50 B 100 125
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