Question

1- An assembly line can produce 90 units per hour. The line’s hourly cost is $4,500 on straight time (the first 8 hours). Workers are guaranteed a minimum of 6 hours. There is a 50% premium for overtime, however, productivity for overtime drops by 5%. What are the average and marginal costs per unit for the following daily quantities?
450
600
720
900
2- Owning, operating and maintaining an automobile carries with it private internal costs to the driver, as well as public external societal costs. List 5 internal and external costs.

Answer 1

1-

2-