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Workers MPP 10 2020 11 1616 12 1212 13 1010 14 66 15 22 Part 2 A perfectly competitive firm faces the marginal product schedule

Workers MPP 10 2020 11 1616 12 1212 13 1010 14 66 15 22 Part 2 A perfectly competitive firm faces the marginal product schedule shown above. The price of the product is $2020 and the wage rate is $320 per worker. The marginal revenue product of the 14th worker is Part 3 A. $320. B. $2020. C. $200200. D. $120120

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