Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. A businessman in a sportswear uniform. Labor Variable Cost Fixed Cost Total cost Average Cost Marginal Cost per month per month 2 P 2,000

image text in transcribed
image text in transcribed
1. A businessman in a sportswear uniform. Labor Variable Cost Fixed Cost Total cost Average Cost Marginal Cost per month per month 2 P 2,000 P 3,000 ? ? 4 P 3,000 ? ? 5 P 4,000 ? P 5,000 . .J.V 9 P 6,000 .V

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Economics

Authors: Bradley Schiller, Karen Gebhardt

10th edition

125923570X, 978-1259235702

More Books

Students also viewed these Economics questions