Calculate and graph the marginal cost of serving

Assignment Help Business Management
Reference no: EM131272622

Taylor makes boeuf bourguignon using equipment that she rents for $15 and beef, carrots, butter, wine and other ingredients that cost $4.22 a serving. She hires workers at $20 each and finds that they produce servings according to the following schedule:

Servings

Marginal Workers

1

0.20

2

0.24

3

0.29

4

0.35

5

0.41

6

0.50

7

0.60

8

0.72

9

0.86

10

1.03

11

1.24

12

1.49

13

1.78

14

2.14

Calculate and graph the marginal cost of each serving. Show your calculations! Why does the MC curve have the slope (up, down, or flat) that it does?

Reference no: EM131272622

Questions Cloud

Internet search on maria theresa and phillis wheatley : Complete an Internet search on Maria Theresa and Phillis Wheatley. Review the information you found and consider the following questions-Why are these women important and Did they have anything in common and What legacy do they leave in modern socie..
Are you sitting on a million dollar idea : Create a video showing the product that you would like to see revamped. Describe the changes you would like to see. Upload your video to the discussion thread using Kaltura.
To which school of legal thought does judge a belong : Imagine that you were a judge in the case set forth in Problem.- To which school of legal thought does Judge A belong? Explain.
Identify the meaning of anti money laundry : Why it is necessary to understand and take cognizance of the work of bodies such as the Financial Action Task Force (FATF) and in particular to explain the value of the FATF 40 recommendation
Calculate and graph the marginal cost of serving : Calculate and graph the marginal cost of each serving. Show your calculations! Why does the MC curve have the slope (up, down, or flat) that it does?
How could you work with it vendor to improve existing system : What would be your response to physicians in your organization who expressed their dissatisfaction with CDS and asked for modifications? How could you work with your IT vendors to improve your existing systems?
Explain what the attorney meant by precedent : Madison and his adult son lived in a house owned by Madison. - Explain what the attorney meant by precedent and why the fact that precedent existed was significant.
Terms and conditions in online : "The terms and conditions in online  "click-thru" agreements are so long and detailed that no one ever reads the agreement.  Therefore, the act of clicking on "Yes, I agree" is not really an acceptance."
How leadership theory would apply to nonprofit organization : The assignment is to write a research paper that uses a recognized leadership theory and use that to describe how that leadership theory would apply to a nonprofit organization's executive director (CEO).

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd