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5. Chalimbana university farm is about to hire workers for its production of cabbage in a space of 5 months. as a student of farm
5. Chalimbana university farm is about to hire workers for its production of cabbage in a space of 5 months. as a student of farm management, you decide to increase the labour by 2 units at the first output, 1 unit in the second and third output, 16 units in the fourth output and 20 units in the fifth output at each production level. The farm then realizes an output of 10,25,65,30, and 30 in that period. The farm workers got a wage of k40 per month. a. Calculate the following at different level of output. 1. marginal product, (MP) (5) 11 marginal revenue product (MRP) (5) iii marginal resource cost (MRC)
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