eny choice simply Tutal Product Aver. Product marincl PryductX Drize X Price x Proe Concession Average Number of Items Marginal Price of Average Value Price of Total Workers Produced Average Marginal Concession Value Value Worker per Day per Day Product Product Items Product Product Product per Day $8.00 $120.00 SOXY 100 $8.00 $120.00 50 100 800 y00 100X8 4 400 100 $8.00 $120.00 2400 350x8 2800 150 X8 1200 125x8 1000 300 800 1 25x 8 1000 112.5x8 900 102.5x8 820 112548 93.75x8 750 85.71x8 3200 750x8 6000 6. 750 350 $120.00 $8.00 125 8 900 $8.00 $120.00 112.5150 7200 1025x8 8200 10 1,025 $8.00 $120.00 1025125 12 1,125 $8.00 93.75 100 $120.00 900) 1200x 8 960 800 75x8 685.668. 600 85.71 $8.00 75 14 1,200 $120.00 78.125 50 125AK% 78.125x 42s 16 1,250 $8.00 10,000 you $120.00 $8.00 30x8 30 18 1,280 $120.00 10240 $68.88 240 2290x864.5x8 16.320 1290x8 58.4x8 10:320 (2 $10,240 426.uy $8.00 lox 8 l0x 20 1,290 64.5 10 $120.00 22 1,290 58.64 0 $8.00 $120.00 53.33x8 -10x8 53.33 -10 24 1,280 $8.00 $120.00
eny choice simply Tutal Product Aver. Product marincl PryductX Drize X Price x Proe Concession Average Number of Items Marginal Price of Average Value Price of Total Workers Produced Average Marginal Concession Value Value Worker per Day per Day Product Product Items Product Product Product per Day $8.00 $120.00 SOXY 100 $8.00 $120.00 50 100 800 y00 100X8 4 400 100 $8.00 $120.00 2400 350x8 2800 150 X8 1200 125x8 1000 300 800 1 25x 8 1000 112.5x8 900 102.5x8 820 112548 93.75x8 750 85.71x8 3200 750x8 6000 6. 750 350 $120.00 $8.00 125 8 900 $8.00 $120.00 112.5150 7200 1025x8 8200 10 1,025 $8.00 $120.00 1025125 12 1,125 $8.00 93.75 100 $120.00 900) 1200x 8 960 800 75x8 685.668. 600 85.71 $8.00 75 14 1,200 $120.00 78.125 50 125AK% 78.125x 42s 16 1,250 $8.00 10,000 you $120.00 $8.00 30x8 30 18 1,280 $120.00 10240 $68.88 240 2290x864.5x8 16.320 1290x8 58.4x8 10:320 (2 $10,240 426.uy $8.00 lox 8 l0x 20 1,290 64.5 10 $120.00 22 1,290 58.64 0 $8.00 $120.00 53.33x8 -10x8 53.33 -10 24 1,280 $8.00 $120.00
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter21: Production And Costs
Section21.5: Production And Costs In The Long Run
Problem 1ST
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Can you help with the three questions on my worksheet that relate to the attached graph? Can you also advise if I have done my math correctly?
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