If the shop pays its mechanics a wage of $600 per day, then what is the shop's marginal profit from that third mechanic?

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter21: Production And Costs
Section21.5: Production And Costs In The Long Run
Problem 1ST
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Question 12

Refer to Figure 1 

If the shop pays its mechanics a wage of $600 per day, then what is the shop's marginal profit from that third mechanic?    (Enter your answer without a dollar sign.)

 
Figure 1 below shows the relationship between the number of mechanics hired and the number of car repairs performed per day at a car-repair shop.
Number of
Cars Repaired
5
Number of
Mechanics
18
17
15
12
8
0
1
2
3
4
Transcribed Image Text:Figure 1 below shows the relationship between the number of mechanics hired and the number of car repairs performed per day at a car-repair shop. Number of Cars Repaired 5 Number of Mechanics 18 17 15 12 8 0 1 2 3 4
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