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Webby Inc. is a web development company. Webby's monthly production function for developing websites is given in the table below. Webby pays $5,000 a month
Webby Inc. is a web development company. Webby's monthly production function for developing websites is given in the table below. Webby pays $5,000 a month in rent for office space and equipment. It pays each programmer $3,000 a month. There are no other production costs. Fill in the table of production costs. Instructions: Round your answers to the nearest dollar. Variable Total Average Average Average Marginal Programmers Websites cost cost fixed cost variable cost total cost cost 5000 2 N H 6 | w 12 18 22 24
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