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COST AND REVENUE Question 2, Khalee LLC makes wall hangings and then sells them door-to-doo Here is the relationship between the number of workers and

COST AND REVENUE

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Question 2, Khalee LLC makes wall hangings and then sells them door-to-doo Here is the relationship between the number of workers and Khaleejs output in a given day 0) Calculate the different costs and revenues for Khaleej LLC. (Show all calculations / working formula) (10 marks Output Total Total Profit Average Average Marginal (Units) cost revenue (OMR) variable total cost OMR) (OMR) cost cost OMR) (OMR) (OMR) 0 30 - 30 100 30 10 200 45 300 51 400 70 15 500 62 78 600 70 83 85 800 100 84 900 118 81 700

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