Earl owns and operates a food trailer at the State Fair. After being featured on a national televison network, his deep-fried cupcakes dramatically increase in popularity, and Earl hires more workers...

Earl owns and operates a food trailer at the State Fair. After being featured on a national televison network, his deep-fried cupcakes dramatically increase in popularity, and Earl hires more workers at a cost of $80 per worker per day. Also note that Earl pays $40 a day just to park his trailer, even if he has no workers. Below is a table showing the number of workers and the number of cupcakes that they can produce in a day 1. On the graph below, plot Earls production function per day. 2. On the graph below, chart Earl's total cost curve per day Quantity of Quantity of workers cupcakes (in dozens) 6 15 24 27 30 30 440 400 0 15 6 120 40 0 133S10 34S67? 9 12 15 18 21 24 27 30632 Quanoity of cupcakes tin dozens) There is a hint available! View the hint by clicking on the

May 21, 2022
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