Production

Variable Inputs per unit Fixed Inputs per unit

Table

Experiment Level

Number of Laborers

V4 small beads
Number of Output

V3 big beads

F5- container
V2 string

F4 - ruler
F3 - scissor
(inches)

F2 - chair
F1 - area
(pcs)

(pcs)
1st 0 0 0 0 0 1 1 1 1 1

2nd 1 1 26 1 4 1 1 1 1 1

3rd 3 2 78 3 12 1 1 1 1 1

4th 3 3 78 3 12 1 1 1 1 1

5th 3 4 78 3 12 1 1 1 1 1

6th 5 5 130 5 20 1 1 1 1 1

7th 2 7 52 2 8 1 1 1 1 1

3 8 78 3 12 1 1 1 1 1
8th

9th 5 9 130 5 20 1 1 1 1 1

10th
3 10 78 3 12 1 1 1 1 1
Cost Production Table
 Number of Output

Number of Laborers

Average Product

Marginal Product

Cos iab Var Tot

Variable Cost

Total Cost

Average Cost

Marginal Cost
Variable Cost Fixed Cost

Experiment Level

al

Cost Total Fixed

Fixed
Average
t le

Cost Average
Vc 1 Lbor

Vc 3 big beads

Vc 4 small beads

Vc5 Mark-up

Fc 1 area

chair

Fc3 scissor

ruler

container
Fc 2

Fc4

Fc5
1st 0 0 0 0 0 0 2 1 1.20 0.70 0.05 0 0 4.95 4.95 ______ ______

2nd 1 1 1 1 1 0.3531 0.4167 1 1 2 1 1.20 0.70 0.05 3.7698 3.7698 4.95 4.95 8.7198 8.7198 3.7698
10.309 15.259
3rd 3 2 1.5 2 2 1.0593 1.2501 3 3 2 1 1.20 0.70 0.05 3.4365 4.95 1.65 5.0865 3.2698
4 4
11.309 16.259
4th 3 3 1 0 3 1.0593 1.2501 3 3 2 1 1.20 0.70 0.05 3.7698 4.95 1.65 5.4198 0
4 4
12.309 17.259
5th 3 4 0.75 0 4 1.0593 1.2501 3 3 2 1 1.20 0.70 0.05 4.1031 4.95 1.65 5.7531 0
4 4

6th 5 5 1 2 5 1.7655 2.0835 5 5 2 1 1.20 0.70 0.05 18.849 3.7698 4.95 0.99 23.799 4.7598 3.2698

- 12.539 17.489
7th 2 7 0.2857 7 0.7062 0.8334 2 2 2 1 1.20 0.70 0.05 6.2703 4.95 2.475 8.7448 2.1031
1.50 6 6

16.309 21.259
8th 3 8 0.375 1 8 1.0593 1.2501 3 3 2 1 1.20 0.70 0.05 5.4365 4.95 1.65 7.0865 3.7698
4 4

9th 5 9 0.5556 2 9 1.7655 2.0835 5 5 2 1 1.20 0.70 0.05 22.849 4.5698 4.95 0.99 27.799 5.5598 3.2698

18.309 23.259
10th 3 10 0.30 -2 10 1.0593 1.2501 3 3 2 1 1.20 0.70 0.05 6.1031 4.95 1.65 7.7531 2.2698
4 4