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A Production Function and Total Cost Number of Output Marginal Cost of Cost of Total cost of Workers Product of Factory Workers Inputs 0 $30 $30 0123 50 50 30 10 40 90 30 20 50 120 30 30 30 60 4 140 30 150 10 30 50 80 Harcourt, Inc. items and derived items copyright o 2001 by Harcourt, IncHarcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. A Production Function and Total Cost Number of Workers Output Marginal Product of Labor Cost of Factory Cost of Workers Total Cost of Inputs 0 0 $30 $0 $30 1 50 50 30 10 40 2 90 40 30 20 50 3 120 30 30 30 60 4 140 20 30 40 70 5 150 10 30 50 80
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