The only variable input a janitorial service firm uses to clean offices is workers who are paid
Question:
The only variable input a janitorial service firm uses to clean offices is workers who are paid a wage, \(w\), of \(\$ 8\) an hour. Each worker can clean four offices in an hour. Use math to determine the variable cost, the average variable cost, and the marginal cost of cleaning one more office. Draw a diagram like Figure 7.1 to show the variable cost, average variable cost, and marginal cost curves.
Figure 7.1:-
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