The inputs and outputs for Carbon Credits Inc. are as shown in the table below:
a. If capital costs $58 per unit and labour costs $12 per unit, fill in the blanks in the table.
Round your "LRAC" answers to 2 decimal places.
INPUTS
Output
100
Capital
Labour
Total Cost
LRAC
1
4
$
$
200
2
6
300
3
8
400
4
10
500
5
19
600
6
30
b. With what output does increasing returns come to an end?