Question
C. Now assume the price of malasadas increases to $4. Calculate the value of the marginal product of labor per worker, and draw the new
C. Now assume the price of malasadas increases to $4. Calculate the value of the marginal product of labor per worker, and draw the new value of the marginal product of labor curve in your diagram. Use your diagram to determine how many workers Marnie should employ now.
| Labor | Marginal Product Labor | Value marginal Product Labor | MP | P | VMP |
| 0 | - | - | - | ||
| 1 | 90 | 360 | 360 | $4 | 1440 |
| 2 | 60 | 240 | 120 | $4 | 480 |
| 3 | 40 | 160 | 80 | $4 | 320 |
| 4 | 30 | 120 | 40 | $4 | 160 |
| 5 | 20 | 80 | 40 | $4 | 160 |
*****Question:: Need a chart that should resemble this
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Climate Change Impacts On Tropical Forests In Central America An Ecosystem Service Perspective
Authors: Aline Chiabai
1st Edition
1317961498, 9781317961499
