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ty of labor (workers) ot er week 40 150 190 220 240 Anna owns a dog grooming sal

ID: 1127679 • Letter: T

Question

ty of labor (workers) ot er week 40 150 190 220 240 Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna's total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 6 workers, her total cost equals Select one: O a. $2,400. b. $7.50. c.$10.00. O d. $1,800. e. S300. uantity of labor (workers) ot er week 40 100 150 190 220 240 Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna's total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 6 workers, her average total cost equals Select one: a. S10.00. b, $300. O c. $2.400. d. $7.50. e. $4,200

Explanation / Answer

Question 1. Option A: $2,400

Explanation: When 6 workers, are employed, total wage = $300 * 6 = $1,800. Rent = $600. So, total cost = $1,800 + $600 = $2,400.

Question 2: Option A: $10

Explanation: When 6 workers are employed, total cost = $2,400 and total product = 240. Average total cost = total cost/ total product = $2,400/240 = $10.