3. Calculate the Marginal Value Product and Marginal Factor Costs. Fill in the blanks below. MVP Marginal Value Product- Change in Total Revenue/Change in input level MFC Marginal Factor Cost Change in Total Cost/Change in input level. Yield in Crop PriceTotal Change Change Revenue Revenue level Observati Crop Change Change MFC Total Cost in Costs on Yield Nitrogen 25 100 0 7.00 700.00 7.00 840.00 140.00 650.00 120 20 135 15 150 15 160 10 166 6 164 775.00 125.00 35 40 45 7.00 945.00 875.00 995.001200 1,100.00 105.00 1,200.00 100.00 1,250.00 50.00 100.00 S 00 | 105-00 | 7.00 1,050.00 105.00 7.00 1,120.0070.00 7.00 1,162.00 42.00S 50 6 4. The profit maximizing level of output is where the MVP=MFC. Identify the nearest profit maximizing level of input (Nitrogen) for the table above