Nimbus Company makes brooms and then sells them door to-door. Here is the relationship between the number of workers and Nimbus’s output during a given day: workers- 0 1 2 3 4 5 6 7 output- 0 20 50 90 120 140 150 155 a. Fill in the column of marginal products. What pattern do you see? How might you explain it? b. A worker costs BDT100 a day, and the firm has fixed costs of BDT200. Use this information to fill in the column for total cost. c. Fill in the column for average total cost. (Recall that ATC = TC/Q.) What pattern do you see? d. Now fill in the column for marginal cost. (Recall that MC = ΔTC/ΔQ.) What pattern do you see? e. Compare the column for marginal product with the column for marginal cost. Explain the relationship. f. Compare the column for average total cost with the column for marginal cost. Explain the relationship.

Nimbus Company makes brooms and then sells them door to-door. Here is
the

relationship between the number of workers and Nimbus’s output
during a given day:

workers- 0 1 2 3 4 5 6 7

output- 0 20 50 90 120 140 150 155

a. Fill in the column of marginal products. What pattern do you see?
How might you

explain it?

b. A worker costs BDT100 a day, and the firm has fixed costs of
BDT200. Use this

information to fill in the column for total cost.

c. Fill in the column for average total cost. (Recall that ATC =
TC/Q.) What pattern do you

see?

d. Now fill in the column for marginal cost. (Recall that MC =
ΔTC/ΔQ.) What pattern do

you see?

e. Compare the column for marginal product with the column for
marginal cost. Explain

the relationship.

f. Compare the column for average total cost with the column for
marginal cost. Explain

the relationship.