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Assume that Len pays $300 per week for equipment and rent

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Assume that Len pays $300 per week for equipment and rent, and $1,000 per week to each worker. Assume a regular work week of five days. Given his total product schedule;labor:0 1 2 3 4 5 6 7 Total product:0 20 44 60 72 80 84 86;what is TFC, TVC TC AFC AVC ATC MC?

 

Paper#21235 | Written in 18-Jul-2015

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