The managers at Stephen Loco Works want to find out the total cost of producing 32 machines. The first unit requires 100 labor-hours and the company expects a learning curve of 75%. The labor cost per hour is $15 and associated overhead costs are $25 per labor hour. Assuming the cumulative average-learning model, what will be the total cost of producing 32 units

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)