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Question 7 0.5 pts Table B Lion Sandwich Shop Input Productivity and Costs of Output L TP (Q) APL MPL MC TFC TC TVC AVC
Question 7 0.5 pts Table B Lion Sandwich Shop Input Productivity and Costs of Output L TP (Q) APL MPL MC TFC TC TVC AVC 0 0 XXX XXX XXX 30 XXX 40 30 2 110 30 3 200 30 4 270 30 5 320 30 6 350 30 7 373 30 8 384 30 For these next five problems, use the above Table B. You may want to print a copy of the table to fill out. L is number of workers, and output is measured in sandwiches. Assume a fixed amount of capital. Assume labor is the only variable cost. There is also a document with some practice on this type of problem. Look at Files > Supplements > Cost and Product Math Practice. Fill out the APL column. The APL when 5 workers are hired is_ sandwiches
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