The table shows the total product schedule of a firm that uses 1 sewing machine to...
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The table shows the total product schedule of a firm that uses 1 sewing machine to sew t-shirts for another company. The firm's costs are rent a space for $150, the sewing machine for $30 a day and pays its workers $28 a day. Labour (workers per day) 0 1 2 Output (pairs of jeans per day) 0 3 What are the firms Total Fixed Costs? S The marginal cost when the firm increases production from 11 to 14 pairs of jeans a day is $ The firm changes production between 14 to 16 pairs of jeans a day the marginal cost is $ 3 11 4 14 5 16 Output (pairs of jeans per day) Total Cost ($ Per Day) 0 180 3 208 7 236 11 264 14 292 16 320 The table shows the total product schedule of a firm that uses 1 sewing machine to sew t-shirts for another company. The firm's costs are rent a space for $150, the sewing machine for $30 a day and pays its workers $28 a day. Labour (workers per day) 0 1 2 Output (pairs of jeans per day) 0 3 What are the firms Total Fixed Costs? S The marginal cost when the firm increases production from 11 to 14 pairs of jeans a day is $ The firm changes production between 14 to 16 pairs of jeans a day the marginal cost is $ 3 11 4 14 5 16 Output (pairs of jeans per day) Total Cost ($ Per Day) 0 180 3 208 7 236 11 264 14 292 16 320
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