ECON 545 Final Exam (2017 version) Help | Page 4

Question 3 . ​3 . ​ ( TCOs C and D ) You have been hired to manage a small manufacturing facility whose cost and production data are given in the table below . ( 20 points )
Worke
Total Labor
Outp
Total
rs
Cost
ut
Revenue
1 $ 50 100 $ 700
2 $ 100 250 $ 1,150
3 $ 150 300 $ 1,440
4 $ 200 380 $ 1,620