### Calculate the average and incremental cost per case

##### Reference no: EM131239946

Kim and Pat underwrite insurance. Each underwrites 50 accounts per month. Each account takes four hours to underwrite. The value of their time is \$40 per hour. Monthly costs for each are \$1,500 for an office, \$2,000 for a receptionist, and \$2,400 for a secretary. Calculate the average and incremental cost per case for Kim and Pat.

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The arguments Dr. Krugman makes against the globalization hypothesis of inflation and unemployment are mostly empirical. Which argument do you find most compelling? Recently,