A firm currently uses 40,000 workers to produce 180,000 units per day. The daily wage per worker is $100, and...

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A firm currently uses 40,000 workers to produce 180,000 units per day. The daily wage per worker is $100, and the price of the firm’s output is $28. The cost other variable input is $500,000 per day. (Note assume that output is constant at the level of 180,000 units per day.)

 

Total Variable Cost

Total Cost

Total Revenue

Average Variable Cost

Average otal Cost

 

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