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Joel hires students to sell magazine subscriptions at $450 per student per week. He leases equipment that costs $600 per week The table gives Joel's total product schedule. Suppose Joel sells 12 subscriptions a week. Calculate his total cost, average total cost, and marginal cost. >>>Answer all questions to 2 decimal places. Total cost is S a week when Joel sells 12 subscriptions a week. When Joel sells 12 subscriptions a week, average total cost is $ a house. When Joel sells 12 subscriptions a week, marginal cost is. a house,

Joel hires students to sell magazine subscriptions at $450 per student per week. He leases equipment that costs $600 per week The table gives Joel's total product schedule. Suppose Joel sells 12 subscriptions a week. Calculate his total cost, average total cost, and marginal cost. >>>Answer all questions to 2 decimal places. Total cost is S a week when Joel sells 12 subscriptions a week. When Joel sells 12 subscriptions a week, average total cost is $ a house. When Joel sells 12 subscriptions a week, marginal cost is. a house,

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section: Chapter Questions
Problem 3CQQ
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Joel hires students to sell magazine subscriptions at $450 per student per week. He leases equipment that costs $600 per week. The table gives Joel's total product schedule. Suppose Joel sells 12 subscriptions a week. Calculate his total cost, average total cost, and marginal cost. >>>Answer all questions to 2 decimal places. Total cost is S a week when Joel sells 12 subscriptions a week. When Joel sells 12 subscriptions a week, average total cost is $ a house. When Joel sells 12 subscriptions a week, marginal cost is. a house,
Transcribed Image Text:Joel hires students to sell magazine subscriptions at $450 per student per week. He leases equipment that costs $600 per week. The table gives Joel's total product schedule. Suppose Joel sells 12 subscriptions a week. Calculate his total cost, average total cost, and marginal cost. >>>Answer all questions to 2 decimal places. Total cost is S a week when Joel sells 12 subscriptions a week. When Joel sells 12 subscriptions a week, average total cost is $ a house. When Joel sells 12 subscriptions a week, marginal cost is. a house,
Labor (students) 0 123456 Output (subscriptions per week) 037 2692 12 16 19 21
Transcribed Image Text:Labor (students) 0 123456 Output (subscriptions per week) 037 2692 12 16 19 21
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