You manage Gofer Delivery service, you rent a truck for $50per day and each deli

Question

You manage Gofer Delivery service, you rent a truck for $50per day and each delivry takes an hour of labor time. The hourlywage is $8 a) Draw a curve to show the relationship between the number ofdeliveries on the horizantal axis and your total cost on thevertical axis . Draw the curve between 0 and 20 deliveries. b) the slope of the cost curve is c0 To draw the curve what variables are held fixed. pls do all best to explain You manage Gofer Delivery service, you rent a truck for $50per day and each delivry takes an hour of labor time. The hourlywage is $8 a) Draw a curve to show the relationship between the number ofdeliveries on the horizantal axis and your total cost on thevertical axis . Draw the curve between 0 and 20 deliveries. b) the slope of the cost curve is c0 To draw the curve what variables are held fixed. pls do all best to explain

Explanation / Answer

Number of delivery

Cost (delivery fee +hour*hourly wage)

1

50+8=$58

2

50+8*2=$66

3

50+8*3=$74

4

$82

5

$90

6

$98

7

$106

8

$114

9

$122

10

$130

11

$138

12

$146

13

$154

14

$162

15

$170

16

$178

17

$186

18

$194

19

$202

20

$210   

Number of delivery

Cost (delivery fee +hour*hourly wage)

1

50+8=$58

2

50+8*2=$66

3

50+8*3=$74

4

$82

5

$90

6

$98

7

$106

8

$114

9

$122

10

$130

11

$138

12

$146

13

$154

14

$162

15

$170

16

$178

17

$186

18

$194

19

$202

20

$210   

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