Login Register




Delgado owns a copier store. He leases two copy machines for which he pays $20 each per day. He cannot increase the number of machines he leases without giving the office machines company six weeks’ notice. He can hire as many workers as he wants, at a cost of $40 per day per worker. These are the only inputs he uses to produce copies. a. Fill in the remaining columns in the following table. b. Draw the average total cost curve and marginal cost curve for Santiago’s store. Dose these curve have the expected shape? Briefly explain.