You are in the business of producing milk. You spend $200 to buy cows and equipment. The

current price of milk is $30 per ton. You can hire workers to work your farm. Each one costs

$200, and you must hire them in increments of one. Adding workers results in the following

production schedule:

\fNumber Total Marginal Fixed Variable Marginal Total of Revenue Revenue Cost Cost Costs Profits Workers 0 0 0 O 10