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Softa [21]
3 years ago
14

Units of Labor Quantity of Output Marginal Revenue

Business
1 answer:
lora16 [44]3 years ago
3 0

Answer:

$7,650

Explanation:

Calculation for the marginal revenue product of the fifth unit of labor

Using this formula

Fifth unit of Labor marginal revenue product=Fifth Quantity of Output*Marginal Revenue

Let plug in the formula

Fifth unit of Labor marginal revenue product=1,530 *$5

Fifth unit of Labor marginal revenue product=$7,650

Therefore the marginal revenue product of the fifth unit of labor is $7,650

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Answer:

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3 0
3 years ago
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kondaur [170]

Answer:

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3 years ago
A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou
Delvig [45]

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6 0
1 year ago
Laura borrowed $48,000 at a 6% interest rate for 7 years. what was the total interest?
Mrrafil [7]
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7 0
2 years ago
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