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Consider a plowing service with capital fixed at 4 plows. The table shows how many driveways can be plowed as the number of workers increases.
Consider a plowing service with capital fixed at 4 plows. The table shows how many driveways can be plowed as the number of workers increases. In addition, workers cost $50 each and plows cost $100 each.
LDriveways
00
1200
2500
3700
4800
The total fixed cost of producing 800 driveways is equal to $ __________and the total variable cost of producing 800 driveways is equal to $ __________.
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