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Table 13-6
Consider the Following Information About Baseball Production at Bobby's

question 66

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Table 13-6
Consider the following information about baseball production at Bobby's Baseball Factory.

 Labor  (Number of workers)   Marginal Product  (Baseballs)  132538410576472\begin{array} { | c | c | } \hline \begin{array} { c } \text { Labor } \\\text { (Number of workers) }\end{array} & \begin{array} { c } \text { Marginal Product } \\\text { (Baseballs) }\end{array} \\\hline 1 & 3 \\\hline 2 & 5 \\\hline 3 & 8 \\\hline 4 & 10 \\\hline 5 & 7 \\\hline 6 & 4 \\\hline 7 & 2 \\\hline\end{array}

-Refer to Table 13-6. Bobby pays all his workers the same wage, and labor is his only variable cost. From this information we can conclude that Bobby's average variable cost decreases


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