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QUESTION 2 Answer questions 2 through 5 by referring to the table below: Workers Widgets MPP Price MRP MEC MRP ($4) 0 X $2 X
QUESTION 2 Answer questions 2 through 5 by referring to the table below: Workers Widgets MPP Price MRP MEC MRP ($4) 0 X $2 X X X 100 5170 UN- 190 $170 270 52 $170 340 52 $170 400 $2 $170 450 $2 $170 490 $170 What is the MPP of the fifth worker? O a. 50 b. 60 OC 70 O d.BO QUESTION 3 What is the MRP of the sixth worker? b.5100 O c $120 O'd: $140QUESTION 4 What is the profit-maximizing number of workers? 0600 QUESTION S Assuming the widget price increases to $4, what is the profit-maximizing number of workers? O a.7 O'b.6 OC 5 Odd
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