{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-21T07:11:59-04:00", "answer_date": "2024-06-21 07:11:59", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3414482", "url": "\/study-help\/questions\/number-of-workers-output-fixed-cost-variable-cost-0-0-3414482", "question_creation_date_js": "2024-06-21T07:11:59-04:00", "question_creation_date": "Jun 21, 2024 07:11 AM", "meta_title": "[Solved] Number of Workers Output Fixed Cost Varia | SolutionInn", "meta_description": "Answer of - Number of Workers Output Fixed Cost Variable Cost 0 0 $30 $0 1 100 $30 $15 2 180 $30 $30 3 240 $30 $45 4 280 $30 $60 5 | SolutionInn", "meta_keywords": "number,workers,output,fixed,cost,variable,$30,$0,1,100,$15,2", "question_title_h1": "Number of Workers Output Fixed Cost Variable Cost 0 0 $30 $0 1 100 $30 $15 2 180 $30 $30 3 240 $30 $45 4", "question_title": "Number of Workers Output Fixed Cost Variable Cost 0 0 $30 $0", "question_title_for_js_snippet": "Number of Workers Output Fixed Cost Variable Cost 0 0 $30 $0 1 100 $30 $15 2 180 $30 $30 3 240 $30 $45 4 280 $30 $60 5 300 $30 $75 Refer to Table 2 What is the marginal product of the third worker A 80 units b 60 units c 40 units d 20 units Refer to Table 2 The average total cost of producing 240 units is a $0 13 b $0 19 c $0 32 d $0 80 Refer to Table 2 The marginal products of hiring additional workers are a increasing at an increasing rate b increasing at a decreasing rate c decreasing d constant", "question_description": "

Number of Workers<\/strong><\/p><\/td>

Output<\/strong><\/p><\/td>

Fixed Cost<\/strong><\/p><\/td>

Variable Cost<\/strong><\/p><\/td> <\/tr>

0<\/p><\/td>

0<\/p><\/td>

$30<\/p><\/td>

$0<\/p><\/td> <\/tr>

1<\/p><\/td>

100<\/p><\/td>

$30<\/p><\/td>

$15<\/p><\/td> <\/tr>

2<\/p><\/td>

180<\/p><\/td>

$30<\/p><\/td>

$30<\/p><\/td> <\/tr>

3<\/p><\/td>

240<\/p><\/td>

$30<\/p><\/td>

$45<\/p><\/td> <\/tr>

4<\/p><\/td>

280<\/p><\/td>

$30<\/p><\/td>

$60<\/p><\/td> <\/tr>

5<\/p><\/td>

300<\/p><\/td>

$30<\/p><\/td>

$75<\/p><\/td> <\/tr> <\/tbody><\/table><\/figure>

<\/p>

Refer to Table 2.<\/strong> What is the marginal product of the third worker?<\/p>

A: 80 units<\/p>

b: 60 units<\/p>

c: 40 units<\/p>

d: 20 units<\/p>

<\/p>

Refer to Table 2.<\/strong> The average total cost of producing 240 units is<\/p>

a: $0.13<\/p>

b:$0.19<\/p>

c:$0.32<\/p>

d:$0.80<\/p>

<\/p>

<\/p>

Refer to Table 2.<\/strong> The marginal products of hiring additional workers are<\/p><\/td>

<\/td> <\/tr>

a: increasing at an increasing rate<\/p>

b: increasing at a decreasing rate<\/p>

c: decreasing<\/p>

d: constant<\/p> <\/td><\/tr> <\/tbody><\/table><\/figure>", "transcribed_text": "", "related_book": { "title": "Financial Accounting in an Economic Context", "isbn": "9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292", "edition": "8th Edition", "authors": "Jamie Pratt", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/61.jpg", "uri": "\/textbooks\/financial-accounting-in-an-economic-context-8th-edition-61", "see_more_uri": "" }, "free_related_book": { "isbn": "0833040049", "uri": "\/textbooks\/human-resource-management-and-army-recruiting-analyses-of-policy-options-1st-edition-9780833040046-220343", "name": "Human Resource Management And Army Recruiting Analyses Of Policy Options", "edition": "1st Edition" }, "question_posted": "2024-06-21 07:11:59", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/do-households-make-a-distinction-between-spending-for-current-expenses", "description": "Do households make a distinction between spending for current expenses and capital expenses? 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