units of labour Total Product
1 20,000
2 30.000
3 35,000
4 38,000
5 39,000
if price is $3 per unit, calculate the marginall revenue product(MRP) of labour.
calculate the marginall revenue product(MRP) of labour
2006-12-03 11:54 pm
回答 (1)
2006-12-04 1:19 am
✔ 最佳答案
MRP : Marginal is additionalWhen employed the first one = 20000 * 3 = 60000
When employed the second one = 30000 * 3 - 60000 = 30000
When employed the third one = 35000 * 3 - 30000 * 3 = 15000
When employed the forth one = 38000 * 3 - 35000 * 3 = 9000
When employed the fifth one = 39000 * 3 - 38000 * 3 = 3000
Therefore it is downlard sloping
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