Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. Output Fixed CostVariable Cost Total Cost Marginal Cost Average Fixed Cost Average Variable CostAverage Total Cost (Instructional modules per month) (Dollars) (Dollars) (Dollars) (Dollars) 0 1,080 1 1,080 400 1480 400 2 450 3 1,350 2,430 4 1,900 (Dollars per unit) (Dollars per unit) (Dollars per unit) 5 2,500 216 6 4,280 700 7 4,100 8 5,400 135 9 7,300 10 10,880 er to Table 13-10. What is the average fixed cost for the month if 9 instructional modules are produced? 475 980 965
Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. Output Fixed CostVariable Cost Total Cost Marginal Cost Average Fixed Cost Average Variable CostAverage Total Cost (Instructional modules per month) (Dollars) (Dollars) (Dollars) (Dollars) 0 1,080 1 1,080 400 1480 400 2 450 3 1,350 2,430 4 1,900 (Dollars per unit) (Dollars per unit) (Dollars per unit) 5 2,500 216 6 4,280 700 7 4,100 8 5,400 135 9 7,300 10 10,880 er to Table 13-10. What is the average fixed cost for the month if 9 instructional modules are produced? 475 980 965
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
Section: Chapter Questions
Problem 3MC
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