Problem
Say that neither labor nor machines are fixed but that there is a 50 percent quick-order premium paid to both workers and machines for delivery of them in the short run. Once you buy them, they cannot be returned, however. What do your short-run marginal cost and short-run average total cost curves look like?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.