Week5.ProductionandCosts.2009.2

Week5.ProductionandCosts.2009.2 - 25 31 500 300 800 8.60...

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Labour Input Pizza Output Marginal Product of Labour Average Product of Labour FC VC TC MC AC AVC AFC 0 0 28 - - 500 0 500 - - - - - - 1 31 33 31 500 100 600 19.35 3.23 16.13 2 64 32 32 500 200 700 10.94 3.13 7.81 3 93
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Unformatted text preview: 25 31 500 300 800 8.60 3.23 5.38 4 112 12 28 500 400 900 8.04 3.57 4.46 5 115 -7 23 500 500 1000 8.70 4.35 4.35 6 96 -32 16 500 600 1100 11.45 6.25 - - 7 49 -63 7 500 700 1200 3.23 3.03 3.45 5.26 33.33 24.49 14.29 - -...
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This note was uploaded on 06/11/2011 for the course ECMA 04 taught by Professor Cleverland during the Fall '09 term at University of Toronto- Toronto.

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