The table shows daily output for small pizzeria based on the number of workers hired. Suppose fixed costs are $20 and labor costs are $40 per worker. The average total cost of producing 80 units equals $2.25 per unit.
The table shows daily output for small pizzeria based on the number of workers hired. Suppose fixed costs are $20 and labor costs are $40 per worker. The average total cost of producing 80 units equals $2.25 per unit.
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Chapter7: Proudction Costs
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Question 5
Labor
(workers)
Output
0.
0.
1
20
50
3
70
4.
80
85
The table shows daily output for small pizzeria based on the number of workers hired. Suppose fixed costs are $20 and labor costs are $40 per worker. The average total cost of producing 80 units equals
$2.25 per unit.
$0.75 per unit
$0.25 per unit.
$1.50 per unit.
A Moving to another question will save this response.
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