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Could you please fill out the table given the following information? John leases a? farmer's field for $80 a day and grows butternut squash. During

Could you please fill out the table given the following information?

John leases a? farmer's field for $80 a day and grows butternut squash. During harvest time, he pays seasonal workers $100 a day to pick the squash and leases the tools (capital) needed for picking and transportation at $50 a day.

The table below gives the daily output depending on the number of workers hired.

image text in transcribed
Labor Total Marginal Total Cost Marginal Average Average (workers) Product Product (TC) (dollars Cost (MC) Total Cost Variable 0 0 1 40 N 100 3 170 4 270 5 350 6 410 7 440

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