Assume you have been hired as a managing consultant by a company to offer some a
Assume you have been hired as a managing consultant by a company to offer some advice that will help it make a decision as to whether it should shut down completely or continue its operations. It currently uses 100 workers to produce 6000 units of output per month (working 20 days / month). The daily wage (per worker) is $70 and the price of the firms output is $32. The cost of other variable inputs is $2000 per day. You are told that the firms fixed cost is high enough so that the firms total costs exceed its total revenue. The marginal cost of the last unit is $30. (Ch 7 & 8 to solve)This assignment allows you to determine the specific details about this fictitious company in order to conduct an environmental scan of this company. Write a three to four (3-4) page paper in which you:Your assignment must follow these formatting requirements:The specific course learning outcomes associated with this assignment are:no plaigiarism
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