Question 24 Labor (workers) Output 1 20 50 3 70 4 80 85 The table shows daily output for small pizzeria based on the number of workers hired. Suppose fixed costs are $40 and labor costs are $20 per...

Question 24<br>Labor<br>(workers) Output<br>1<br>20<br>50<br>3<br>70<br>4<br>80<br>85<br>The table shows daily output for small pizzeria based on the number of workers hired. Suppose fixed costs are $40 and labor costs are $20 per worker. The average total cost of producing 80 units equals<br>50.75 per unit<br>$0.25 per unit.<br>$2.25 per unit.<br>$1.50 per unit.<br>

Extracted text: Question 24 Labor (workers) Output 1 20 50 3 70 4 80 85 The table shows daily output for small pizzeria based on the number of workers hired. Suppose fixed costs are $40 and labor costs are $20 per worker. The average total cost of producing 80 units equals 50.75 per unit $0.25 per unit. $2.25 per unit. $1.50 per unit.

Jun 10, 2022

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Question 24 Labor (workers) Output 1 20 50 3 70 4 80 85 The table shows daily output for small pizzeria based on the number of workers hired. Suppose fixed costs are $40 and labor costs are $20 per...

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