education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddle raphs: Production and Costs i Saved Help Production and Costs . GRAPHS Production Costs EECALCULATIONS Output (Q) Output M Fixed Variable Total Costs Costs ATC Marginal TP = Q Costs Costs 700 0.0 100 100 600 1 25.0 25.0 500 100 20 120 4.800 0.800 400 2 75.0 50.0 100 40 140 1.867 0.400 300 3 150.0 75.0 100 60 160 1.067 0.267 200 4 250.0 100.0 100 80 180 0.720 .200 100 337.5 87.5 100 100 200 0.593 0.229 0 2 4 L 6 6 412.5 75.0 100 8 120 10 12 220 0.533 0.267 7 475.0 62.5 100 140 240 0.505 0.320 AP, MP 3 525.0 50.0 100 160 260 0.495 0.400 100 AP MP 9 562.5 37.5 100 180 280 0.498 0.533 10 587.5 25.0 100 200 300 0.511 0.800 2 11 600.0 12.5 100 220 320 0.533 1.600 0 2 4 6 8 10 12 12 600.0 0.0 100 240 340 0.567 C G Search or type URL + @ $ % & W # 5 6 8 9 O W E R T Y U O8 525.0 50.0 100 160 260 0.495 0.400 100 AP MP 9 562.5 37.5 100 180 280 0.498 0.533 50 LO 587.5 25.0 100 200 300 0.511 0.800 20 600.0 12.5 100 220 320 0.533 1.600 2 4 6 8 10 12 12 600.0 0.0 100 240 340 0.567 SETTINGS Reset Fixed Costs (0 - $100) 100 Productivity Index Wage Rate (0 - $40) 20 0% Instructions: Click the buttons above the graphing window to show either production functions or cost functions. Type in values for Fixed Costs or Wage Rate (the cost per worker). Move the Productivity Index right to see the effect of increasing productivity by up to 25%. The table and graphs will update as Settings are changed. Set Fixed Costs to $100, Wage Rate to $40 per worker, and slide the Productivity Index so that 1 worker yields 22 units of output. This represents 10% greater productivity that the firm's current levels. What is the marginal product of the fourth worker? The marginal product of the fourth worker can be calculated as a subtraction problem using two numbers from the table. This calculation is MacBook Pro C G Search or type URL + @ # $ % 3 4 5 6 O O W E R T Y U O P D F G H J K X C V B N M