- May 28, 2001
- 1,563
- 0
- 0
Here's the chart:
Workers Output Marginal Product Total Cost ATC Marginal Cost
0 0 $200 (initial) -
>----------- 20
1 20 $300 $300
>----------- 30
2 50 $400 $200
>----------- 40
3 90 $500 $166.67
>----------- 30
4 120 $600 $150
>----------- 20
5 140 $700 $140
>----------- 10
6 150 $800 $133.33
>----------- 5
7 155 $900 $128.57
ATC = Avg. Total Cost
Just how the hell do I get Marginal Cost? I've been stressing over this for hours.
Workers Output Marginal Product Total Cost ATC Marginal Cost
0 0 $200 (initial) -
>----------- 20
1 20 $300 $300
>----------- 30
2 50 $400 $200
>----------- 40
3 90 $500 $166.67
>----------- 30
4 120 $600 $150
>----------- 20
5 140 $700 $140
>----------- 10
6 150 $800 $133.33
>----------- 5
7 155 $900 $128.57
ATC = Avg. Total Cost
Just how the hell do I get Marginal Cost? I've been stressing over this for hours.
