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The Following Table Shows the Relationship Between Output and Number

question 31

Essay

The following table shows the relationship between output and number of workers in the short run.If the wage is $50/day,find marginal cost of production.
 Number of  Workers  Output 001502110330044505590666577008725974010735\begin{array} { | c | c | } \hline \begin{array} { c } \text { Number of } \\\text { Workers }\end{array} & \text { Output } \\\hline 0 & 0 \\\hline 1 & 50 \\\hline 2 & 110 \\\hline 3 & 300 \\\hline 4 & 450 \\\hline 5 & 590 \\\hline 6 & 665 \\\hline 7 & 700 \\\hline 8 & 725 \\\hline 9 & 740 \\\hline 10 & 735 \\\hline\end{array}


Definitions:

ATP

A molecule known as adenosine triphosphate, which serves as a carrier of energy inside cells for metabolic processes.

Galactose

A simple sugar (monosaccharide) that, together with glucose, forms the disaccharide lactose; important in energy metabolism and found in dairy products.

Glucose

An elementary sugar critical for energy in living organisms and a key element of many carbohydrate compounds.

Principle Sugar

The primary type of sugar that is prevalent or most important within a particular context, such as glucose in human blood.

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