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Suppose your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are: 1 customer:$30
Suppose your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are:
1 customer:$30
2 customers: $32
3 customers: $35
4 customers: $38
5 customers: $42
6 customers: $48
7 customers: $57
8 customers: $68.
What are your marginal costs for each customer load level?
Q
TC
MC
Total Rev
Profit
1
30
10
-20
2
32
20
-12
3
35
30
-5
4
38
40
2
5
42
50
8
6
48
60
12
7
57
70
13
8
68
80
12
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