Lens body board factory pays 60 a day for equipment and 200


Len's body board factory pays $60 a day for equipment and $200 a day to each student it hires. Table 1 sets out Len's total product schedule.

Construct Len's total variable cost and total cost schedules. What does the difference between total cost and total variable cost at each output equal?

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Econometrics: Lens body board factory pays 60 a day for equipment and 200
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