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Labor ( workers per hour ) Total product ( baseball hats per hour ) 0 0 1 4 2 1 0 3 1 8 4
Labor workers per hour Total product baseball hats per hour The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $ and workers cost $ per hour. The average fixed cost of producing baseball hats per hour is
Labor workers per hour Total product baseball hats per hour
The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $ and workers cost $ per hour. The average fixed cost of producing baseball hats per hour is
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