SophiaPretty

(5)

$14/per page/Negotiable

About SophiaPretty

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Economics,Engineering,English,Environmental science,Essay writing Hide all
Teaching Since: Jul 2017
Last Sign in: 305 Weeks Ago, 1 Day Ago
Questions Answered: 15833
Tutorials Posted: 15827

Education

  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

Experience

  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 05 Sep 2017 My Price 10.00

Due Within 15 minutes Price: $40

Due Within 15 minutes Price: $40

 

You have been hired to manage a small manufacturing facility whose cost and production data are given in the table below.

 

1 $250 60 $150
2 $500 110 $475
3 $750 150 $725
4 $1,000 180 $925
5 $1,250 200 $1,065
6 $1,500 210 $1,195
7 $1,750 215 $1,295

 

A) What is the marginal product of the second worker?.

B) What is the marginal revenue product (MRP) of the fourth worker?

C) What is the marginal cost (MC) of the first worker?

D) Based on your knowledge of marginal analysis, how many workers should you hire? Explain you answer.

 

Answers

SophiaPretty
(5)
Status NEW Posted 05 Sep 2017 12:09 PM My Price 10.00

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