Question

Use the table showing output and costs for Betty Lou's Burritos to answer the questions. Round...

Use the table showing output and costs for Betty Lou's Burritos to answer the questions. Round your answers to two decimal places.

Labor (workers per day) Output (units per day) Total fixed cost ($ per day) Total variable cost ($ per day) Total cost ($ per day)
0 0 50 0 50
1 8 50 25 75
2 12 50 50 100
3 20 50 75 125
4 25 50 100 150
5 32 50 125 175

What is the marginal cost of going from 2 workers per day to 3 workers per day?

marginal cost of the third worker: $

What is the marginal cost of going from 4 workers per day to 5 workers per day?

marginal cost of the fifth worker: $

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