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The following table shows the daily relationship between the number of woikers and oulput (O) for
a smail factory in the short run, wth captai beid constant. Each worker cosis $200 per day, and the
fim has fixed costs of $100 per day. Celculate total cost (TC). marginal cost (MC), and average
total cost (ATC). (Round your answers to two decimal places)

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The following table shows the daily relationship between the.pdf

  • 1. The following table shows the daily relationship between the number of woikers and oulput (O) for a smail factory in the short run, wth captai beid constant. Each worker cosis $200 per day, and the fim has fixed costs of $100 per day. Celculate total cost (TC). marginal cost (MC), and average total cost (ATC). (Round your answers to two decimal places)