Please ensure your response includes an accurate answer along with a thorough explanation and clear calculation . To maintain the integrity of the solution, please do not use ChatGPT or submit handwritten responses. Originality is essential, so avoid any form of plagiarism. A complete and precise answer will be appreciated with an upvote. Table 13-12Eileen's Elegant Earrings produces pairs of earrings for its mail order catalogue business. Each pair is shipped in a separate box. She rents asmall room for $150 a week in the downtown business district that serves as her factory. She can hire workers for $275 a week. There are noimplicit costs.Boxes ofEarringsNumber ofProduced perMarginalProductCostTotal CostCost ofofofWorkersWeekof LaborFactoryWorkersInputs0026303890330$150$275$425150$825$975595060$1,375610$1,800Refer to Table 13-12. One week, Eileen earns a profit of $125. If her revenue for the week is $1100, how many boxes of earrings did sheproduce?

The marginal product of labor refers to the additional output produced due to additional employment…

Answered: Table 13-12 Eileen's Elegant Earrings…

ENGR.ECONOMIC ANALYSIS

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Chapter1: Making Economics Decisions

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Please ensure your response includes an accurate answer along with a thorough explanation and clear calculation . To maintain the integrity of the solution, please do not use ChatGPT or submit handwritten responses. Originality is essential, so avoid any form of plagiarism. A complete and precise answer will be appreciated with an upvote.

Table 13-12
Eileen's Elegant Earrings produces pairs of earrings for its mail order catalogue business. Each pair is shipped in a separate box. She rents a
small room for $150 a week in the downtown business district that serves as her factory. She can hire workers for $275 a week. There are no
implicit costs.
Boxes of
Earrings
Number of
Produced per
Marginal
Product
Cost
Total Cost
Cost of
of
of
Workers
Week
of Labor
Factory
Workers
Inputs
0
0
2
630
3
890
330
$150
$275
$425
150
$825
$975
5
950
60
$1,375
6
10
$1,800
Refer to Table 13-12. One week, Eileen earns a profit of $125. If her revenue for the week is $1100, how many boxes of earrings did she
produce?

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