Taylor makes boeuf bourguignon using equipment that she rents for $15 and beef, carrots, butter, wine and other ingredients that cost $4.22 a serving. She hires workers at $20 each and finds that they produce servings according to the following schedule:
|
Servings
|
Marginal Workers
|
|
1
|
0.20
|
|
2
|
0.24
|
|
3
|
0.29
|
|
4
|
0.35
|
|
5
|
0.41
|
|
6
|
0.50
|
|
7
|
0.60
|
|
8
|
0.72
|
|
9
|
0.86
|
|
10
|
1.03
|
|
11
|
1.24
|
|
12
|
1.49
|
|
13
|
1.78
|
|
14
|
2.14
|
Calculate and graph the marginal cost of each serving. Show your calculations! Why does the MC curve have the slope (up, down, or flat) that it does?