zzie hires students to sell magazine subscriptions at 450 a

zzie hires students to sell magazine subscriptions at $450 a week. She leases equipment that costs $300 a week The table gives Lizzie\'s total product and total cost schedules Labor (subscriptions (sidents) per week) At what output is Lizzies average total cost at a minimum? Nobe: id two quantiies have the same average total cost, we take the average quantity as that at minimum average total cost Lizzie\'s aveenge total cost is at a minimum when she sels subscriptions a week 0 Anower rounded to an inbeger Enter your answer in the answer box 4 8 9 9

Solution

Labor

TP

TC

ATC

0

0

300

1

3

750

250.00

2

9

1200

133.33

3

14

1650

117.86

4

18

2100

116.67

5

21

2550

121.43

6

23

3000

130.43

So, at output of 18 the ATC is minimum and she should sell 18 subscription per week

Labor	TP	TC	ATC
0	0	300
1	3	750	250.00
2	9	1200	133.33
3	14	1650	117.86
4	18	2100	116.67
5	21	2550	121.43
6	23	3000	130.43