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Fairly Decent Industries has the following production schedule.The price of the product being produced is $5 in a purely competitive market. On the following table,
Fairly Decent Industries has the following production schedule.The price of the product being produced is $5 in a purely competitive market.
On the following table, compute the Marginal Revenue Product for every "jump" between one level of workers and the next.
Instructions: Enter your answers as whole numbers.
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