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Cost of the other [nonlabor] inputs that go into a case [and would need to be increased if more labor was hired and output increased]

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Cost of the other [nonlabor] inputs that go into a case [and would need to be increased if more labor was hired and output increased] = $13.11] Price received per case = $151!] Marginal product of labor is the change in total product when labor is increased by one. Marginal Revenue Product [net of the cost of the other required inputs], when the output price is fixed] equals marginal product times the [[fixed] output price $13] Please note: A few of the table values are filled in. Use these to detem'line if your approach to the problem is correct. Marginal Revenue Product [net of the Marginal product of oostofthe other Number of workers Total product labor required inputs] LomumU'I-lh-LUMI-IO HHH run-IO HH bu: i-ni-n UNU'I p.- 5-5] Using the infonnation from above, fill in the following 'derived demand' schedule: Number of workers to Hourlv wage maximize profits $13.00 $17.00 $21.00 $23.00 $25.00

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