The only variable input a janitorial service firm uses to clean offices is workers who are paid a wage, w, of $10 an hour. Each worker can clean four offices in an hour. Use math to determine the variable cost, the average variable cost, and the marginal cost of cleaning one more office. The variable cost of cleaning the first office is $. average variable çost of cleaning one more office is $. and marginal cost of cleaning one more office is $ (Enter your response rounded to two decimal places.)

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter7: Production And Cost In The Firm
Section: Chapter Questions
Problem 3.7P
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The only variable input a janitorial service firm uses to clean offices is workers who
are paid a wage, w, of $10 an hour. Each worker can clean four offices in an hour.
Use math to determine the variable cost, the average variable cost, and the
marginal cost of cleaning one more office.
22.00-
20.00
18.00-
The variable cost of cleaning the first office is $, average variable çost of
16.00-
cleaning one more office is $, and marginal cost of cleaning one more office is
$- (Enter your response rounded to two decimal places.)
14.00-
O 12.00
1.) Using the line drawing tool, graph the variable cost curve. Label this curve
VC.
10.00
8.00-
2.) Using the line drawing tool, graph the average variable cost curve. Label this
curve 'AVC.
6.00-
4.00-
3.) Using the line drawing tool, graph the marginal cost curve. Label this curve
"MC.
2.00
0.00
Carefully follow the instructions above, and only draw the required objects.
16
20
Quantity, q. Offices cleaned
12
20
O etv
MacBook Air
80
DII
DD
F3
F4
F6
F7
EB
F10
F11
$
&
3
4
5
8
E
R
Y
{
P
F
G
J
K
с
V
B
N
M
>
command
option
Cost, Cost per unit, $
V
Transcribed Image Text:The only variable input a janitorial service firm uses to clean offices is workers who are paid a wage, w, of $10 an hour. Each worker can clean four offices in an hour. Use math to determine the variable cost, the average variable cost, and the marginal cost of cleaning one more office. 22.00- 20.00 18.00- The variable cost of cleaning the first office is $, average variable çost of 16.00- cleaning one more office is $, and marginal cost of cleaning one more office is $- (Enter your response rounded to two decimal places.) 14.00- O 12.00 1.) Using the line drawing tool, graph the variable cost curve. Label this curve VC. 10.00 8.00- 2.) Using the line drawing tool, graph the average variable cost curve. Label this curve 'AVC. 6.00- 4.00- 3.) Using the line drawing tool, graph the marginal cost curve. Label this curve "MC. 2.00 0.00 Carefully follow the instructions above, and only draw the required objects. 16 20 Quantity, q. Offices cleaned 12 20 O etv MacBook Air 80 DII DD F3 F4 F6 F7 EB F10 F11 $ & 3 4 5 8 E R Y { P F G J K с V B N M > command option Cost, Cost per unit, $ V
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