This phone center uses only equipment and workers to provide service. $$\begin{array} { | c | c | c | c | c | c | }
\hline \begin{array} { c }
\text { Output } \
\text { (units) }
\end{array} & \text { Equipment } & \text { Workers } & \text { Total Cost } & \begin{array} { c }
\text { Marginal } \
\text { Cost }
\end{array} & \begin{array} { c }
\text { Average } \
\text { Variable Cost }
\end{array} \
\hline 0.5 & 1 & 2 & & & \
\hline 1 & 1 & 4 & & & \
\hline 3 & 1 & 6 & & & \
\hline 8 & 1 & 8 & & & \
\hline 11 & 1 & 10 & & & \
\hline 12 & 1 & 12 & & & \
\hline
\end{array}$$
Suppose that one unit of equipment costs $10 and each worker earns $5.What is the total cost of producing 3 units of output?

Question

This phone center uses only equipment and workers to provide service. $$\begin{array} { | c | c | c | c | c | c | } 
\hline \begin{array} { c } 
\text { Output } \
\text { (units) }
\end{array} & \text { Equipment } & \text { Workers } & \text { Total Cost } & \begin{array} { c } 
\text { Marginal } \
\text { Cost }
\end{array} & \begin{array} { c } 
\text { Average } \
\text { Variable Cost }
\end{array} \
\hline 0.5 & 1 & 2 & & & \
\hline 1 & 1 & 4 & & & \
\hline 3 & 1 & 6 & & & \
\hline 8 & 1 & 8 & & & \
\hline 11 & 1 & 10 & & & \
\hline 12 & 1 & 12 & & & \
\hline
\end{array}$$
Suppose that one unit of equipment costs $10 and each worker earns $5.What is the total cost of producing 3 units of output?

Quizplus · Accepted Answer

The Answer of This phone center uses only equipment and workers to provide service. $$\begin{array} { | c | c | c | c | c | c | } 
\hline \begin{array} { c } 
\text { Output } \
\text { (units) }
\end{array} & \text { Equipment } & \text { Workers } & \text { Total Cost } & \begin{array} { c } 
\text { Marginal } \
\text { Cost }
\end{array} & \begin{array} { c } 
\text { Average } \
\text { Variable Cost }
\end{array} \
\hline 0.5 & 1 & 2 & & & \
\hline 1 & 1 & 4 & & & \
\hline 3 & 1 & 6 & & & \
\hline 8 & 1 & 8 & & & \
\hline 11 & 1 & 10 & & & \
\hline 12 & 1 & 12 & & & \
\hline
\end{array}$$
Suppose that one unit of equipment costs $10 and each worker earns $5.What is the total cost of producing 3 units of output?

This Phone Center Uses Only Equipment and Workers to Provide