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AP Microeconomics Practice: Investigate Shifts in Factor Demand Curves Full Name: (print clearly) User Name: Date: Page 1 of 1 1. Jenny runs a
AP Microeconomics Practice: Investigate Shifts in Factor Demand Curves Full Name: (print clearly) User Name: Date: Page 1 of 1 1. Jenny runs a birdhouse manufacturing company. The number of birdhouses per day she can make with each number of laborers is shown in the table below. After several years in business, Jenny invents a new birdhouse-making process that doubles the output of her laborers. Before she invented the process, she sold each birdhouse for $20. After inventing the process, she reduces her price to $18. Complete the table below. Labor Old New output output Old New Old New MPP MPP MRP MRP 1 6 2 11 3 15 4 18 5 20 6 21
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