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E. The relationship between marginal physical product and marginal cost Susan's Big Burger is a small restaurant that sells hamburgers. For Susan, grills are a

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E. The relationship between marginal physical product and marginal cost Susan's Big Burger is a small restaurant that sells hamburgers. For Susan, grills are a fixed input and workers are variable inputs. Assume that labor is Susan's only variable cost. Susan has a fixed cost of $10!] per day and pays each of her workers $30 per day. Susan's total product schedule and total cost at each level of labor are presented in the following table. Fill in the blanks to complete the Marginal Physical Product of Labor column for each worker and the Marginal ICost column at each level of labor. (Hint: Marginal cost is the change in total cost divided by the change in the quantity of output. You can calculate it here by dividing the increase in total cost from hiring one more worker by the marginal physical product from hiring one more worker.) Quantity of Labor Quantity of Output Marginal Physical Product of Labor Total l[Cost Marginal Cost (Workers) (B urgers p er day) (Burgers per day) (Dollars per day) (Dollars per burger) When hiring the first and second workers, Susan's Big Burger

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