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You manage a plant that​ mass-produces engines by teams of workers using assembly machines. The technology...

You manage a plant that​ mass-produces engines by teams of workers using assembly machines. The technology is summarized by the production function qequals=2020KL where q is the number of engines per​ week, K is the number of assembly​ machines, and L is the number of labor teams. Each assembly machine rents for requals=​$50 comma 00050,000 per​ week, and each team costs wequals=​$4 comma 0004,000 per week. Engine costs are given by the cost of labor teams and​ machines, plus ​$5 comma 0005,000 per engine for raw materials. Your plant has a fixed installation of 5 assembly machines as part of its design. The total cost of producing q units of output​ (TC) is? A. The average cost​ (AC) of producing q machines is B. The marginal cost​ (MC) of producing q machines is C. How do average costs vary with​ output? As quantity​ increases, average costs... D. How many teams are required to produce 250 ​engines? To produce 250 ​engines, X labor​ team(s) are required? E. The average cost per engine will be ​$ F. You are asked to make recommendations for the design of a new production facility. What​ capital/labor left parenthesis StartFraction Upper K Over Upper L EndFraction right parenthesis K L ratio should the new plant accommodate if it wants to minimize the total cost of producing at any level of output​ q? G. The firm should use X units of capital for every unit of labor used.

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00040 C. c = 2-0 2-0とし

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