Question: Erable Editing can contains. Unless you need to edit's safe to stay in Protected View 6 330 6.1. What are the fixed inputs and variable

Erable Editing can contains. Unless you need to
Erable Editing can contains. Unless you need to
Erable Editing can contains. Unless you need to
Erable Editing can contains. Unless you need to edit's safe to stay in Protected View 6 330 6.1. What are the fixed inputs and variable inputs in the production of maps of frozen yogurt (2 marks) 62 Daw the total product ouve. Put the quantity of labour on the horizontal axis and the quantity of frozen yogurt on the verticalason (2 marks) 63. What is the marginal product of the first wockee? The second worker? The third worker? Why does marginal product decline as the munber of workers increasen? (2 marks) 64. What is the average product of labour when there are 2 workers? 3 workers? 4 workers? Why dors avecage product decline as the number of workers increases? (2 marks) 6.5. Jummy pays each of his workers $80 per day. The cost of his other variable inputs is $0.50 per cup af yogurt. His fixed cont is $100 per day. What is Jimmy's vanable cost and total cost when he produces 110 cups of yogurt 200 cups Calculate vanable and total cost for every level of output (2 marks) 6.6. Daw Jiruna's variable cost cuve. On the same diagrum, deaw his total cost cueve. (2 marks) 6.7. What is the marginal cost per cup for the fiest 110 cups of yogurt? For the next 90 eupa? Calculate the marginal cost for all remaining levels of output. For each of the giren level of output, calculate the average fixed cost (AFC), average variable cost (AVC), and average total cost (ATO per cap of frozen yogurt (2 marks) 68. On one diagram, doww the AFC AVC and ATC curves (2 marks) 69. What principle explains why the AFC decline as output increase What principle explains why the AV Cincreases as output increase? Explain your answers (2 marks) 6.10. How many cups of frozen Yogurt ate produced when recage total cost is minimized (2 marks) nel can contains. Unless you need to edit ale to stay in Protected View Enable Editing 6. Jum': Frozen Yoguct in a wall shop that sells caps of frozen yogurt in a university town Jimnym the frozen yogut machines. His other inputs are refrigerators, frozen yoghut mix, caps, sprinkle toppings, and, of course, wodes He estimated that he daily production function when he varies the member of wockan employed and at the same time, of couese, yogurt mix, cups, and so on) is as shown in the necompanying table. Quantity of labour Quantity of frozen foodets) yogurt (cup) 0 0 119 200 270 300 320 350 6 61 What are the fixed pats and cable inpots in the production of prof frozen rogut marks) 62 Dear the total product care. Pas the quantity of labout on the honoutalaud the quantity of frozen vogut on the vertical. (2 marlo) 65 What is the main product of the first clasThe code The third wat he does marga grodact deck the sumber of continue mark) 64 What at the tege product of laboue when the 23rd pudot decline at the name of the national 1 2 3 4 5 6 110 200 770 300 320 330 6.1. What are the fixed inputs and variable inputs in the production of caps of frozen yogurt (mara) 6.2Dew the total product curve. Pat the quantity of labour on the horizontalis and the quantity of frozen yogurt on the vertical (2 marks) 6.3. What is the marginal product of the first worker The second wodowe? The third worker? Why doen marginal product decline as the number of women increases? (2 marks) 6.4. What is the average product of labour when there are 2 wocie 3 worker 4 wockers Why does wrecage product decline as the number of words increases (2 marka) 65. Jummy pays each of hun worken $80 per day. The cost of his other variable inputt is $0.50 per cup of yogurt. His fisted cost is $100 per day. What it Jimm's vanable cost and total cost when he peoduces 110 cups of yogart 200 cups? Calculate variable and total cost for every level of outpat marks) I 6.6. Draw Jimmy's stable cost curve. On the same diagram, doww his total cost cuernmark) 67 What is the marginal cost per cap for the first 110 cups of rogue for the next 90 cupt? Calculate the marginal cost for all curaining levels of outpat For each of the gre level of output, calealate the average ford cost AFC), recage vatiable cost AVC and are pe total cost CAT pet ep OE frozen toput (2 marks) 68. On one didgarn, der the AFC AVC and ATC carries mans) 6.9. What poinciple explains why the AFC declines output inte har posiciple explains why the A1/Cincreases as output inceste? Explain your memarlo 6.10. How many cups offrons rogurture produced when we total cost is mad Raman)

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