Average Total Marginal Total Workers Output Product Cost Marginal Cost Cost 20 50 90 Rectangular Snip 4 120 5 140 6. 150 7 155 | | | | | | | || | | | ||| | | | | | | | 1. 2. 3.
Nimbus,Inc.,makes brooms and then sells door to door.Here is the relationship between the number of workers and Nimbus's output during a given day:a.Fill in the column of marginal products.What patterns do you see?How might you explain it?b.A workers costs $100 a day, and the firm has fixed cost of $200.Use this information to fill in the column for total cost.c.Fill in the column for average total cost.What pattern do you see?d.Now fill in the column for marginal cost.What pattern do you see?e.Compare the column for marginal product with the column for marginal cost.Explain the relationship.f.Compare the column foraverage total cost with the column for marginal cost.Explain the relationship.
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