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k0ka [10]
3 years ago
12

Lupita grows cantaloupes in central florida and is in a perfectly competitive market. the marginal physical product of labor is

10 units while the price per unit is $2. what is the marginal revenue product of labor of lupita's farm?
Business
1 answer:
Elis [28]3 years ago
6 0
<span>The formula for determining the marginal revenue product of labor is marginal physical product (expressed in units) times the price per unit. Therefore, the marginal revenue product of labor of Lupita's farm is $20.</span>
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Monthly income refers to the gross countable income received or projected to be received during the subsequent month.

<h3>Interest compounded monthly</h3>

Given Information:

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A = P (1 + r/n)^nt

A = 328,133.32 (1 + 6.2%/12)^12*25

A = 328,133.32 (1 + 0.0052)^300

A = 328,133.32 (1.0052)^300

A = 328,133.32 (4.74)

A = 1,555,351.94  Total value after 25 years.

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brainly.com/question/24685812

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A savings account earns 8% interest. If $1,000 is invested, how many years is it until each of the following amounts is on depos
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a. 4 years

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Using a Financial Calculator, the number of years, n is 24.9991 or 25 years

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