Webby Inc. is a web development company. Webby's monthly production function for developing websites is given in the table below. Webby pays $4,000 a month in rent for office space and equipment. It pays each programmer $3,000 a month. There are no other production costs. Fill in the table of production costs. Instructions: Round your answers to the nearest dollar. Programmers Websites Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 0 4,000 1 2 3,000 2,000 2 5 3 10 4 18 5 24 6 קט 26 167 500 154
Webby Inc. is a web development company. Webby's monthly production function for developing websites is given in the table below. Webby pays $4,000 a month in rent for office space and equipment. It pays each programmer $3,000 a month. There are no other production costs. Fill in the table of production costs. Instructions: Round your answers to the nearest dollar. Programmers Websites Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 0 4,000 1 2 3,000 2,000 2 5 3 10 4 18 5 24 6 קט 26 167 500 154
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
the numbers inputed on the graph are correct so far

Transcribed Image Text:Webby Inc. is a web development company. Webby's monthly production function for developing websites is given in the
table below. Webby pays $4,000 a month in rent for office space and equipment. It pays each programmer $3,000 a month.
There are no other production costs. Fill in the table of production costs.
Instructions: Round your answers to the nearest dollar.
Programmers
Websites
Variable
Cost
Total Cost
Average
Fixed Cost
Average
Variable
Cost
Average
Total Cost
Marginal
Cost
0
0
4,000
1
2
3,000
2,000
2
5
3
10
4
18
5
24
6
קט
26
167
500
154
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