Eko SHRT Run

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a y celkom ‘TUTORIAL : Production and Cost in The Short Run Name ‘VALDY_DEWANGGA sudentsio 1401190 $3 Sue Ho tiag sso — Bemardo's Bicycle Workshop and Store ‘The Bemados workshop and store produce and sell bicycles from recycled materials. The production schedule fs attached tothe table below. Bernado's has a small shop with four machines for converting recycled materials into steel for bicycle frames and rubber for tres. Bemardo hire ten labor, paint, chairs and cables in its production process. Total of ‘Number of Production ‘Labor (units ina month) 0 0 1 200 2 500 3 700 4 800 5 850 6 875 7 890 8 900 ‘a. What are the fixed inputs in the production of Bemado's Recycled Bicycles? And what are the input variables? machinety i may. al6o.i0¢- IS ovtput.used, aoe hen. autpus.s zeto..tneke’s. those. Jinpult. Whichcha- x Ye fuels, Gavi. Telkom UV university . Using the folowing tables and diagrams, calculate the value of marginal product and the total product planning and marginal product curve. # of labors Total Product wp 0 0 2 1 200 2 500 3 700 4 800 5 850 6 875 7 890 8 900 Bicycle per month 1000 900 800 700 600 500 T 400 300 200 100 fot labor c. What was the marginal product of Bemnado's first labor force? Calculate the marginal product, MPL, of ‘each worker? What principle causes the marginal product (MP) to decrease when there is an increase in the number of workers? Your Answer: f°" Wotkel +200 2P uke +300 U Telkom University Using the production function for Bemado's Recycle Bike Shop, which has fixed onsls of $ 2.000 and variable. ‘pasts of $ 400 per labor. Calculate the relevant costs for Bemardo in this following table. foflabor Total Fc ve 1 nic auc atc Nc ee » nfl. ..24lQ0 ..fe9, 2 500 3 700 4 800 5 850 6 Ga ’ “0 00 2 . 900M. 3:00 5:9 250. HO. 68... HOO. . Calculate total costs in the first column and average tolal costs, average fixed costs, average variable ‘costs and marginal costs in the second column. After fished, create curves of AFC, AVC, ATC and MC in the graph plot below 6000 $98} 4 le 5 a 41000 oe 5 ime. soon lh 121 pel Coa ra (oP 1000 00 8 Wot bleyele Fa a - U Telkom University e Te ee eer cost..ts. same. at. all \avel. of .avtput.AV- ‘When MC dawn MP sic, point When. MP MC it bt th ( We Coalinga WC

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