Examlex

Solved

This Phone Center Uses Only Equipment and Workers to Provide

question 87

Multiple Choice

This phone center uses only equipment and workers to provide service.  Output  (units)   Equipment  Workers  Total Cost  Marginal  Cost  Average  Variable Cost 0.5121143168181111012112\begin{array} { | c | c | c | c | c | c | } \hline \begin{array} { c } \text { Output } \\\text { (units) }\end{array} & \text { Equipment } & \text { Workers } & \text { Total Cost } & \begin{array} { c } \text { Marginal } \\\text { Cost }\end{array} & \begin{array} { c } \text { Average } \\\text { Variable Cost }\end{array} \\\hline 0.5 & 1 & 2 & & & \\\hline 1 & 1 & 4 & & & \\\hline 3 & 1 & 6 & & & \\\hline 8 & 1 & 8 & & & \\\hline 11 & 1 & 10 & & & \\\hline 12 & 1 & 12 & & & \\\hline\end{array}
Suppose that one unit of equipment costs $10 and each worker earns $5.What is the total cost of producing 3 units of output?


Definitions:

H-2A Guest Worker Program

A U.S. immigration program that allows employers to bring foreign nationals to the United States to fill temporary agricultural jobs.

Modern-Day

Referring to the current time period or the contemporary era.

Manual Labor

Manual labor entails physical work done by people, often involving the use of hands and physical strength, as opposed to work done by machines or requiring mental skill.

Trail of Tears

Refers to the forced relocation during the 1830s of Eastern Native American tribes to territories west of the Mississippi River, which resulted in the deaths and suffering of thousands.

Related Questions