Quantity Quantity Marginal Return to Additional Labour Variable Cost Total Cost Fixed Cost ($) of of (S) (S) Variable Output: Cakes Input: Labour 50 SO 50 0. 130 210 290 100 460 240 2. 180 3. 240 60 38. What is the marginal return for the second worker? a. 100 b. 60 C. 80 d. 120.

Quantity Quantity Marginal Return to Additional Labour Variable Cost Total Cost Fixed Cost ($) of of (S) (S) Variable Output: Cakes Input: Labour 50 SO 50 0. 130 210 290 100 460 240 2. 180 3. 240 60 38. What is the marginal return for the second worker? a. 100 b. 60 C. 80 d. 120.

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter13: Factor Markets: With Emphasis On The Labor Market

Section13.1: Factor Market

Problem 2ST

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Question

Quantity Quantity Marginal Return
to Additional
Labour
Variable Cost
Total Cost
Fixed
Cost ($)
of
of
(S)
(S)
Variable
Output:
Cakes
Input:
Labour
50
SO
50
0.
130
210
290
100
460
240
2.
180
3.
240
60
38. What is the marginal return for the second worker?
a. 100
b. 60
C. 80
d. 120.

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