Section C- ESSAY. Write your answer in the space provided or on a separate sheet of paper. (--1) The following table shows the output and employment figures for a bakery. Calculate the missing values in thetable.Output Marginal Variableper Day(units)Average Average Average MarginalFixedVariableNumberFixedTotalofProductCost (S)CostCostTotalCost ($)Workers(MP)(5)300Cost (S)Costs (S)Cost ($)(S)11502030031540300316060300140803007301003006.830120300790014030060160300

We have given the following information in the table Number of workers Output per day (units)…

Section C- ESSAY. Write your answer in the space provided or on a separate sheet of paper. (** 1) The following table shows the output and employment figures for a bakery. Calculate the missing values in the table. Number of Output Marginal Variable per Day (units) Fixed Cost Total Average Average Average Marginal Fixed Cost (S) Costs (S) Product Cost (S) Cost (5) Cost (S) Total Variable Workers (MP) (5) Cost ($) 300 300 300 300 150 20 315 40 60 3 160 140 80 100 300 300 300 730 6. 830 120 7 900 140 300 300 8 60 160

Section C- ESSAY. Write your answer in the space provided or on a separate sheet of paper. (** 1) The following table shows the output and employment figures for a bakery. Calculate the missing values in the table. Number of Output Marginal Variable per Day (units) Fixed Cost Total Average Average Average Marginal Fixed Cost (S) Costs (S) Product Cost (S) Cost (5) Cost (S) Total Variable Workers (MP) (5) Cost ($) 300 300 300 300 150 20 315 40 60 3 160 140 80 100 300 300 300 730 6. 830 120 7 900 140 300 300 8 60 160

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 1.1P

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