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Isabel runs her family's small processing plant, which takes fresh pineapples and cuts them into pineapple rings, spears, and chunks. The capital stock of the

Isabel runs her family's small processing plant, which takes fresh pineapples and cuts them into pineapple rings, spears, and chunks. The capital stock of the firm consists of three machines of various vintages, each of which can process the pineapples into any of the three different forms All of the machines are in excellent condition, and al machines can be running at the same time.

Assume that "cost of processing" includes all labor and materials, including the owner's wages. Assume further that Isabel's family signed a long term contract (20 years) with a service company to keep the machines in good repair for a fixed fee of $3, 650 per year, or $10 per day. In the diagram on the right, derive the firm's marginal cost curve.

Using the multipoint curved line drawing tool, draw the total cost curve. Properly label your cur

image text in transcribedimage text in transcribed
Machine 1 Machine 2 Machine 3 Cost of Processing per Pineapple $0.10 0.20 0.40 Maximum Total Capacity (Pineapples) per Day 200 250 300

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