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Practice Problem ii. The following table reports the marginal product of the rst 15 workers a tomato grower could hire. that isr it tells us
Practice Problem ii. The following table reports the marginal product of the rst 15 workers a tomato grower could hire. that isr it tells us how many extra tomatoes each worker could grow- The tomato grower has monthly fixed costs of $511}- The monthly wage of each worker is also $51}. The tomato grower participates in a perfectly competitive market where there are currently l identical growers. They sell boxes of tomatoes which contain 150D tomatoes each and currently the market price of these boxes is $2131]
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