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Thank You! A manager of a factory notices that, on average, when 95 workers show up, the factory produces 1268 packages of product per day.
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A manager of a factory notices that, on average, when 95 workers show up, the factory produces 1268 packages of product per day. When 96 workers show up, output of the factory is about 1283 . Each worker gets paid $227 per day. Fixed costs at the factory are about $5000 per day. What is the marginal cost of each additional package of output when the output is changed from 1268 to 1283 ? Note: Your answer will only be accepted if it does not include any dollar signs or commas (e.g. 2100.06 or 87.93 are OK, but $2,100.6 or $87.93 are not) Answer: A manager of a factory notices that, on average, when 81 workers show up, the factory produces 1285 packages of product per day. When 82 workers show up, output of the factory is about 1298. Each worker gets paid $186 per day. Fixed costs at the factory are about $2000 per day. What is the marginal cost of each additional package of output when the output is changed from 1285 to 1298 ? Note: Your answer will only be accepted if it does not include any dollar signs or commas (e.g. 2100.06 or 87.93 are OK, but $2,100.6 or $87.93 are not) Answer: A manager of a factory notices that, on average, when 174 workers show up, the factory produces 2149 packages of product per day. When 197 workers show up, output of the factory is about 2402 . Each worker gets paid $264 per day. Fixed costs at the factory are about $5000 per day. What is the marginal cost of each additional package of output when the output is changed from 2149 to 2402 ? Note: Your answer will only be accepted if it does not include any dollar signs or commas (e.g. 2100.06 or 87.93 are OK, but $2,100.6 or $87.93 are not) Answer: A manager of a factory notices that, on average, when 180 workers show up, the factory produces 3178 packages of product per day. When 138 workers show up, output of the factory is about 2765 . Each worker gets paid $167 per day. Fixed costs at the factory are about $2000 per day. What is the marginal cost of each additional package of output when the output is changed from 3178 to 2765 ? Note: Your answer will only be accepted if it does not include any dollar signs or commas (e.g. 2100.06 or 87.93 are OK, but $2,100.6 or $87.93 are not) Answer: A manager of a factory notices that, on average, when 92 workers show up, the factory produces 1311 packages of product per day. When 93 workers show up, output of the factory is about 1329. Each worker gets paid $185 per day. Fixed costs at the factory are about $1000 per day. What is the marginal cost of each additional package of output when the output is changed from 1311 to 1329? Note: Your answer will only be accepted if it does not include any dollar signs or commas (e.g. 2100.06 or 87.93 are OK, but $2,100.6 or $87.93 are not) Step by Step Solution
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