Microeconomics - Cost

14. Remember that Jamie has to pay her workers $20 per hour, and there are no other production costs. Using the data to the right we know that Jamie's Average Total Cost when 40 units are produced is:

$2.00
$5.00
$20.00
$40.00
$80.00

Number of Workers	Total Output
1	10
2	22
3	31
4	40
5	47
6	52
7	56
8	58
9	60
10	61