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Consider the following table. Show work (i.e. calculations) to get the values of MRP and VMP at each level of units of l
Posted: Sun Jul 03, 2022 1:05 pm
by answerhappygod
- Consider The Following Table Show Work I E Calculations To Get The Values Of Mrp And Vmp At Each Level Of Units Of L 1 (149.35 KiB) Viewed 11 times
Consider the following table. Show work (i.e. calculations) to get the values of MRP and VMP at each level of units of labor. (1) Units of Labor, L 4567 ∞a 8 9 (2) TP 15 27 36 42 45 46 (3) MP 29631 (4) Product Price, P $2.60 2.40 2.20 2.10 2.00 1.90 (5) Total Revenue, TR $39.00 64.80 79.20 88.20 90.00 87.40 (6) MRP (ATR/AL) $25.80 14.40 9.00 1.80 -2.60 (7) VMP (MP x P) $28.80 19.80 12.60 6.00 1.90