Question: Please help with the two questions: 6 The table below shows the weekly cost of producing cowboy hats. Complete the table by filling in the


Please help with the two questions:


6 The table below shows the weekly cost of producing cowboy hats. Complete the table by filling in the missing values. 10 points Instructions: Round your answers to 1 decimal place. Cowboy Hat Production Costs Total Fixed Cost Total Variable Total Cost Average Fixed Average Variable Average Total Output (dollars) Cost (dollars) (dollars) Cost (dollars) Cost (dollars) Cost (dollars) $2,000 $0 $2,000 10 2000 400 $240 20 2000 560 2,560 28 128 30 2000 v 760 66.7 25.3 40 2000 1000 3,000 75 50 2000 1,300 26Estella decides to set up a lemonade stand on a hot summer day. Before long, Estella's friends all decide they would like to help. The table below shows what happens to the number of glasses of lemonade Estella and her friends can make in an hour. Instructions: Round your answers to 1 decimal places. If you are entering a negative number include a minus sign. Lemonade Stand's Labor and Production Levels Labor Total Average Marginal (workers) Product Product Product 0 (Estella) 8 8 2 20 10 W 27 9 7 30 7.5 3 5 26 5.2 a. Complete the average product and marginal product columns in the table above. b. How many additional glasses of lemonade can Estella produce if she has one friend help her make lemonade instead of making lemonade by herself? glasses c. How many additional glasses of lemonade can Estella produce if she has four friends help her rather than having three friends help her? glasses d. If Estella has four friends help her, on average how many glasses of lemonade can her and her friends make per hour? glasses
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