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Wage DeterminationProductivity and Prices Exercise 1 (Algo) Billy is hiring workers to help him install solar panels. The table below presents the marginal product (in

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Wage DeterminationProductivity and Prices Exercise 1 (Algo) Billy is hiring workers to help him install solar panels. The table below presents the marginal product (in terms of solar panels installed per week) of various workers. Assume this is a perfectly competitive market. What is the marginal revenue product of each worker if the current market price to install one solar panel is $35? What if the current market price ls $50? $75? Using the table below, ll in the "Marginal Revenue Product" columns. Instructions: Enter your answers as a whole number. Labor Productivity and Marginal Revenue Product for Solar Panel installers Margin-l Revenue Marginal Revenue Marginal Ravanue Labor Marginal Product Product for P - $35 Product for P - $50 Product for P - $75 (workers) (solar panels) (dollars) (dollars) (dollars)

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