Marginal revenue

by | Aug 11, 2021 | Assignment Help

The following table shows the total output per hour produced in a factory at various levels of employment of labor. The firm sells each unit of output at $2 and each worker is paid a wage of $12.Table 5-1Refer to Table 5-1. What is the marginal revenue product of the 2nd worker?$36$24$22$200….

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