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Question 31 pts Labor Total Product MP TR MRP TC MRC 0 0 ? ? ? $9.24 - 1 10 ? ? ? $37.24 $28.00

Question 31 pts

Labor Total Product MP TR MRP TC MRC
0 0 ? ? ? $9.24 -
1 10 ? ? ? $37.24 $28.00
2 37 ? ? ? $65.24 $28.00
3 71 ? ? ? $93.24 $28.00
4 113 ? ? ? $121.24 $28.00
5 132 ? ? ? $149.24 $28.00
6 141 ? ? ? $177.24 $28.00
7 133 ? ? ? $205.24 $28.00

What is the Marginal Product of the 3rd labor?

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