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The following table depicts the product market and labor market a digital device manufacturer faces. Labor Total Marginal Input Physical thsical {workers Product Product per
The following table depicts the product market and labor market a digital device manufacturer faces. Labor Total Marginal Input Physical thsical {workers Product Product per day] 10 100 - 11 111 11 12 121 10 13 130 9 14 133 B 15 145 ? a. Calculate total revenue at each input level above 10 units. b. Calculate marginal revenue product at each input level above 10 units. Product Price {$3} 50 48 46 44 42 40 Total Revenue Marginal Revenue Product
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