logo

Crowdly

A firm produces 8,000 units of output using 3,500 workers. Marginal cost is ...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

A firm produces 8,000 units of output using 3,500

workers. Marginal cost is

$75, the wage rate is $160

, and total fixed cost is

$950,000.

Average variable cost is $ .

More questions like this

Want instant access to all verified answers on moodle.uleth.ca?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!