15.
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 the approximate marginal cost of the 52
nd
unit of output is:
$0.25
$1.25
$2.50
$4.00
$5.00
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
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