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In the following table, L is the units of labor, and TPL is the total product of labor. Assume that price of the product is

In the following table, L is the units of labor, and TPL is the total product of labor. Assume that price of the product is $2 per unit. Calculate marginal revenue product of labor (MRPL). L TPL 0 0 1 10 2 19 3 27 4 34 5 40 6 45 7 49 8 52 If the wage rate in the market is $10. Quantity of labor employed/hired is equal to Group of answer choices 8 units 4 units 6 units 3 units 5 units 7 units

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