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The following table shows the relationship between workers and output for a small factory in the short run, with capital held constant. The price of
The following table shows the relationship between workers and output for a small factory in the short run, with capital held constant. The price of the firm's output is $15. Find the marginal physical product of labor (MPP_) and the marginal revenue product (MRPL). Total Physical Product (TPP) Labor Input MPPL MRPL 0 40 68 JAWN- C 92 110 116
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