Business, 08.10.2019 23:20 767sebmont
Santiago delgado owns a copier store. he leases two copy machines for which he pays $20 each per day. he cannot increase the number of machines he leases without giving the office machine company six weeks' notice. he can hire as many workers as he wants, at a cost of $40 per day per worker. these are the only two inputs he uses to produce copies.
a. fill in the remaining columns in the table below. b. draw the average total cost curve and marginal cost curve for santiago’s store. do these curves have the expectedshape? briefly explain. quantity of workers
quantity of copies per day
fixed cost
variable cost
total cost
average total cost
marginal cost0 01 6002 1,1003 1,5004 1,8005 2,0006 2,100
Answers: 2
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Answers: 2
Santiago delgado owns a copier store. he leases two copy machines for which he pays $20 each per day...
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