What are the average and marginal costs per unit


Problem

An assembly line can produce 90 units per hour. The line's hourly cost is $4500 on straight time (the first 8 hours). Workers are guaranteed a minimum of 6 hours. There is a 50% premium for overtime, however, productivity for overtime drops by 5%. What are the average and marginal costs per unit for the following daily quantities?

(a) 450

(b) 600

(c) 720

(d) 900

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What are the average and marginal costs per unit
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