The Block Party
Plan the town party and connect total output, marginal product, and costs.
Open activityAct III · Casting the Sellers · Module 06
Backstage at the Bakery
Production, technology, and costs
55 slides · Hubbard & O'Brien, chapter 11.
The story
Where this fits in Marginal Falls
Founders' Night brings a large order for bread, pastries, cakes, and snack boxes. Behind the counter, the bakery must combine workers and equipment. The production process connects additional workers to output and then to the cost of serving the town.
A question to take into class
Why can an additional worker add less output when the bakery's equipment stays fixed?
From the slides to the classroom
Activities used in this module
Activities open at marginalfalls.com. Students join using the room code supplied by their instructor.