Question

LABOR Q PER DAY MPP MRP 0 0 --- --- 1 40 2 68 3 89...

LABOR Q PER DAY MPP MRP
0 0 --- ---
1 40
2 68
3 89
4 108
5 123

Calculate MPP and MRP in table. The price of the product is $6.

If the wage if $120 per day, this firm should hire __ and produce ___ per day.

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Answer #1

Merm = An- Ana ; MRP = P.mPn (n= labor who y At optimal : P.mpPn=w ; p=86 Drawing the table labor a perday MPP MRP =b.mpp. ه

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