Where is optimal level of production and prices in short run
Quantity of Workers
Quantity of Ovens
Quantity of Loaves of Bread Produced
Cost of Ovens
Cost of Workers Per Week
0
2
500
1
50
450
125
3
210
4
300
5
410
6
550
7
625
8
660
9
700
10
730
Instructions
Expected delivery within 24 Hours
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Compute average product of labor, and add it to table. Find where is the optimal level of production and optimal level of prices in short run?
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