What is marginal cost when you are using four workers

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Assume capital (equipment) is fixed, and labor is the only variable input. Assume the wage is $200 per worker per day, you are employing 4 workers and AP with 4 workers is 80, and AP when you only had 3 workers was 90.

1- What is the marginal cost when you are using 4 workers? ( please explain to rate you)

Reference no: EM131093143

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What is marginal cost when you are using four workers : Assume capital (equipment) is fixed, and labor is the only variable input. Assume the wage is $200 per worker per day, you are employing 4 workers and AP with 4 workers is 80, and AP when you only had 3 workers was 90. What is the marginal cost when ..
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