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Use the table showing output and costs for Betty Lou's Burritos to answer thequestions. Round your answers to two decimalplaces. Labor (workers per day) Output
Use the table showing output and costs for Betty Lou's Burritos to answer thequestions. Round your answers to two decimalplaces.
Labor (workers per day) | Output (units per day) | Total fixed cost ($ per day) | Total variable cost ($ per day) | Total cost ($ per day) |
---|---|---|---|---|
0 | 0 | 50 | 0 | 50 |
1 | 8 | 50 | 25 | 75 |
2 | 10 | 50 | 50 | 100 |
3 | 20 | 50 | 75 | 125 |
4 | 25 | 50 | 100 | 150 |
5 | 29 | 50 | 125 | 175 |
What is the marginal cost of going from 2 workers per day to 3 workers perday?
marginal cost of the third worker: $
What is the marginal cost of going from 4 workers per day to 5 workers perday?
marginal cost of the fifth worker: $
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