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A. Answer each of A. Fill in the blanks for marginal product of labor ( MPL ) and marginal revenue product of labor (MRP )

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A. Answer each of A. Fill in the blanks for marginal product of labor ( MPL ) and marginal revenue product of labor (MRP ) if Q represents boxes of cookies made by this factor of production and the boxes sell for $ 4 each . This part of the question is worth 2 points MPL MRP 100 170 210 230 B. Continuing the above problem if the marginal factor cost of a worker is $70 , how many workers will this business hire ? Answer with an integer from 5 to 8. This part of the question is worth 2 points You and your friend Bob are the only two people who in a very town Each of your cars creates 50 pollution per 100 pollution over There that pollution in balf and $ 30 you bought the device and ( not do so , how would you or negative number means loss If you and Bob bought one and installed it how much do you individually ) gain or lose from this Bob offered to buy one if you bought and he could check if you did should you accept his offer Answer yes or no

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1. A. Fill in the blanks for marginal product of labor (MPL) and marginal revenue product of labor (MRP) if Q represents boxes of cookies made by this factor of production and the boxes sell for $4 cach. This part of the question is worth 2 points. MPL MRP 100 6 170 210 230 I. B. Continuing the above problem, if the marginal factor cost of a worker is $70, how many workers will this business hire? Answer with an integer from 5 to 8. This part of the question is worth 2 points. 2. You and your friend Bob are the only two people who live in a small (very small town), Each of your cars creates $50 pollution per person. so $100 pollution over all. There is a device that cuts pollution in half and costs $30. a. If you bought the device yourself and installed it (Bob does not do so), how much would you gain or lose ( negative number means loss) b. If you and Bob cach bought one and installed it, how much do you (individually) gain or lose count this joint actions If Bob offered to buy one if you lexeight one, and he could check if you actually did or not, should you accept his offers Answer yes or no

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