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Homework answers / question archive / Ty leases a farmers field for $40 a day and grows cabbages

Ty leases a farmers field for $40 a day and grows cabbages

Accounting

Ty leases a farmers field for $40 a day and grows cabbages. He pays students $100 a day to pickup cabbages and he leases capital of $80 a day

The table gives the daily output.

 

Labor (students) Output (cabbages per day)
0 0
1 60
2 130
3 210
4 310
5 395
6 470
7 535

 

What is Ty's total cost and average total cost if he produces 210 cabbage a day?

When Ty produces 210 cabbages a day total is $ _____ a day

When Ty produces 210 cabbage a day, average total cost is $_____a cabbage.

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