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Assignment 15 (34 PtS),......._ Econ1, Spr 2023 (1 pt) 2 types of lnputs (resources) used by firms 1. List the 2 types of inputs which
Assignment 15 (34 PtS),......._ Econ1, Spr 2023 (1 pt) 2 types of lnputs (resources) used by firms 1. List the \"2 types" of inputs which econ texts tell us businesses use: & (5 pts) Marginal Product Table 2. Fill in the missing numbers for the Table below! Below is 'Total Product Table' of Cupcakes for the bakery workers (worker producing cakes, plus ingredients). The \"fixed input\" is Oven for the cupcakes. Fill in the blanks to show the separate or "Marginal" Product contributed by unit of \"variable resource," the ingredients 8: the worker. Then, ll in the blanks to show the Marginal Revenue Product or MRP column (added Revenues that each worker & ingredients earns, for the company). #Workers: Total Product of cupcakes: Marginal Product: Marginal Revenue Product: so a)._ _ h).-. 0)
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