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Here is the information you will need for the Short Run Cost Excel Worksheet: Fixed Equipment Cost = $12.40 Variable Costs: Materials (per unit)=$6.50 Each
Here is the information you will need for the Short Run Cost Excel Worksheet:
Fixed Equipment Cost = $12.40
Variable Costs:
Materials (per unit)=$6.50
Each worker (up to 5)=$8.25
Each worker (after 5)=$9.00
(meaning, ALL workers starting with the addition of the 6th worker, and above, are at $9 per worker.)
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