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If you are told that r = $5/hr and K = 10. How would you fill out the missing information in the following table.
Q TFC TVC TC AFC AVC AC MC 0 0 1 30 2 50 3 75 4 105 5 140
Does the data in this table follow the law of diminishing returns? Plus the given
APL = Q/LMPL = ?Q/?LTFC = rKTVC = wLTC = TFC + TVCAFC = TFC/QAVC = TVC/QAC = AFC + AVCMC = ?TC/?Q
For this Discussion Board, please explain how you see these business arrangements working with the involved country's politics between their countries.
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