1. Fill out the productivity chart for Spicy Chicken sandwiches for each worker at Chick-fil-A: Workers...
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1. Fill out the productivity chart for Spicy Chicken sandwiches for each worker at Chick-fil-A: Workers Output Average Product Marginal Product 15 35 3. 45 2. Now suppose that Chick-fil-A has to pay $100 per day to turn the lights on and $8 per hour for the workers. Complete the associated table and suppose that each worker just works one hour. Workers Output Fixed Cost Variable Cost Total Cost Marginal Cost 15 35 3. 45 3. Calculate the average fixed cost, average variable cost, and average total costs for any of the workers you like 4. Now suppose that Chick-fil-A has to pay $100 per day to turn the lights on and $8 per hour for the workers. Suppose that Chick-fil-A receives $5 for every spicy chicken sandwich that they sell. Complete the associated table and suppose that cach worker just works one hour. Workers Output Total Revenue Marginal Revenue FC | VC TC | Marginal Cost 15 35 2 3. 45 5. What is the highest profit? MAR 1. Fill out the productivity chart for Spicy Chicken sandwiches for each worker at Chick-fil-A: Workers Output Average Product Marginal Product 15 35 3. 45 2. Now suppose that Chick-fil-A has to pay $100 per day to turn the lights on and $8 per hour for the workers. Complete the associated table and suppose that each worker just works one hour. Workers Output Fixed Cost Variable Cost Total Cost Marginal Cost 15 35 3. 45 3. Calculate the average fixed cost, average variable cost, and average total costs for any of the workers you like 4. Now suppose that Chick-fil-A has to pay $100 per day to turn the lights on and $8 per hour for the workers. Suppose that Chick-fil-A receives $5 for every spicy chicken sandwich that they sell. Complete the associated table and suppose that cach worker just works one hour. Workers Output Total Revenue Marginal Revenue FC | VC TC | Marginal Cost 15 35 2 3. 45 5. What is the highest profit? MAR
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Answer Solution 1 Workers Output Average Product Marginal Product 0 0 0 0 1 15 15 15 2 35 175 20 3 1... View the full answer
Related Book For
Business Law Text and Cases An Accelerated Course
ISBN: 978-1305967298
14th edition
Authors: Roger LeRoy Miller
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