QUESTION 27 Total Toul Average Average Average Total Marginal Output Fixed Variable Fixed Varible Total Costs Costs (0) Cost Costs Cost Cost Cost [TC] (MC) (TFC) TVC (AFC] (AVC) (ATC 1 $127.00 $22.00 $127.00 $31.00 Table 1 Observe Table 1 above. At the Output equaling 2 what is the Average Variable Costs? Use the worksheet to solve this problem then fill-in your answer in the space provided below. QUESTION 28 Variable Total Marginal Input Output Product Labor Bagels/Hour of (Workers) Labor 10 10 2 24 un & wu 46 50 6 51 Exhibit 2 Observe Exhibit 2 above. It shows how the quantity of bagels produced by a bakery shop per hour varies with the number of workers. the relationship between the quantity of input (workers) and the quantity of output (bagels). The total output and marginal product changes as the variable input changes. What is the marginal product at 8 workers? Use the worksheet to solve this problem then fill-in your answer in the space provided below