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Fill in the column of marginal products

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Vaclea is a company that makes vacuum-cleaners and then sells them door-to-door. Here is the relationship between the number of workers and Clean Sweep's output in a given day: see attachment

a) Fill in the column of marginal products. What pattern do you see? How might you explain it?

b) A worker costs €100 a day, and the firm has fixed costs of €200. Use this information to fill in the column for total cost.

c) Fill in the column for average total cost. (Recall that ATC=TC/Q.)

d) Now fill in the column for marginal cost. (Recall that MC=?TC/?Q.)

Reference no: EM132444991

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