Use the chart to calculate the marginal cost of hiring the 7th worker is 10. Use the
Question:
Number of Workers ___________________Total Cost
0..........................................................1000
1..........................................................2200
2..........................................................3200
3..........................................................4000
4..........................................................4600
5..........................................................5000
6..........................................................5200
7..........................................................5600
8..........................................................6200
9..........................................................7000
10.........................................................8000
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Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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