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(13 total points) Joe runs a farm. He rents the land for $250 a day, and he can hire workers for $20 per day for
(13 total points) Joe runs a farm. He rents the land for $250 a day, and he can hire workers for $20 per day for each worker. His short run production function is given in the rst two columns of the following table. Complete the table below by lling in ALL missing numbers. If your answer is a decimal rather than a whole number, round your answer to the nearest 2 decimal places. A150, do not enter leading zeroes. For example, if the answer to a eld is 1/8. enter .13 Donot enter.125 or 0.13 or 0.125 Helpful advice: This question is the rst half of a larger table. The rest of the tabie is in Question 2. You are strongly encouraged to download the complete table in a Word doc i, and solve it all at once. Then. type the numbers into the appropriate elds below, and in Question 2. In addition, this will give you a completed table to View when answering the rest of the problems. orkers Output MP C FC C
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