Table B Number of Workers 0 1 2 Output Fixed Cost O $50 90 $50 170...

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Table B Number of Workers 0 1 2 Output Fixed Cost O $50 90 $50 170 $50 230 $50 240 $50 Variable Cost $0 $20 $40 $60 $80 Total

business economics

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Answer 1

Answer #1

Answer is 2. This is because Mp for 1 unit of labour is 90 and for 2 units of labour is 80 whch is lower than 90.

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Answer 2

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Table B Number of Workers 0 1 2 Output Fixed Cost O $50 90 $50 170...

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Table B Number of Workers 0 1 2 Output Fixed Cost O $50 90 $50 170...

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