the four ovens in which his workern balce the piras. Canos signed a lease obllogting him to poy the rent for tha four ovens for the noxt year. Decause of this, and because Carfos) Wetchen caninot fit more than four ovens, Carlos casnot change the fulmber of ovens he uses in ris production of piazas in the short nm. Howryth, Carios a decision regording how many werkers to use ean vary from week to week becouse his workers tend to bel students, Each Monday Caries less thom kncw how mamy workers he needs for each day of the week, in the short run, these workers are inputs, and the overis unputs. Cartor's dafy production schedide it presentod in the following table. Mir in the blantos to conpilete the Marginal Aroduct of Labor columit for each worker. On the following graph, piot Carlas's production function using the green points (triangle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Hint: Be sure to plot the first point at (0,0). Suppose that labor is Carios's only variabie cost and that he has a fixed cost of $10 per day and pays each of his workers $50 per day. Use the orange points (sceare symbol) to plot Carlos's fotal cost curve on the following graph using the quantities from the preceding table. True or Talset: The shape of the production function reflects the tow of incressing marginal returns. Thue False the four ovens in which his workern balce the piras. Canos signed a lease obllogting him to poy the rent for tha four ovens for the noxt year. Decause of this, and because Carfos) Wetchen caninot fit more than four ovens, Carlos casnot change the fulmber of ovens he uses in ris production of piazas in the short nm. Howryth, Carios a decision regording how many werkers to use ean vary from week to week becouse his workers tend to bel students, Each Monday Caries less thom kncw how mamy workers he needs for each day of the week, in the short run, these workers are inputs, and the overis unputs. Cartor's dafy production schedide it presentod in the following table. Mir in the blantos to conpilete the Marginal Aroduct of Labor columit for each worker. On the following graph, piot Carlas's production function using the green points (triangle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Hint: Be sure to plot the first point at (0,0). Suppose that labor is Carios's only variabie cost and that he has a fixed cost of $10 per day and pays each of his workers $50 per day. Use the orange points (sceare symbol) to plot Carlos's fotal cost curve on the following graph using the quantities from the preceding table. True or Talset: The shape of the production function reflects the tow of incressing marginal returns. Thue False
