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d. How might you measure the marginal revenue product of (a) the quarter back and (b) the teamaCTMs coach? e. The Fine Paper Company is

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d. How might you measure the marginal revenue product of (a) the quarter back and (b) the teamaCTMs coach? e. The Fine Paper Company is working under perfect competition in both factor market and product market. The following table shows the relationship between the number of workers Fine hires and total output. Labor Input (per day) 0 2 3 4 5 6 Total Output (per day) 0 15 27 36 43 48 51 f. If the selling price of paper is $10 per box, answer the following questions: i. What is the (MRP) marginal revenue product of each worker? ii. How many workers will Fine hire if the wage rate is $120 per day? iii. How many workers will Fine hire if the wage rate is $50 per day

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