Question
can you complete the marginal product part of the following labor demand table. If the units of labor is 1, total product is 17, and
can you complete the marginal product part of the following labor demand table.
If the units of labor is 1, total product is 17, and product price is $2 what is the marginal product, total revenue, and marginal revenue product amount?
If the units of labor is 2, total product is 31, and product price is $2 what is the marginal product, total revenue, and marginal revenue product amount?
If the units of labor is 3, total product is 43, and product price is $2 what is the marginal product, total revenue, and marginal revenue product amount?
If the units of labor is 4, total product is 53, and product price is $2 what is themarginal product, total revenue, and marginal revenue product amount?
If the units of labor is 5, total product is 60, and product price is $2 what is the marginal product, total revenue, and marginal revenue product amount?
If the units of labor is 6, total product is 65, and product price is $2 what is the marginal product, total revenue, and marginal revenue product amount?
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