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-The Above Table Depicts Output from a Firm That Manufactures

question 207

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  -The above table depicts output from a firm that manufactures computers. The computers sell for $1,000 each. What is the marginal revenue product (MRP)  for the fourteenth worker per week? A)  90 units B)  80 units C)  $70,000 D)  $60,000
-The above table depicts output from a firm that manufactures computers. The computers sell for $1,000 each. What is the marginal revenue product (MRP) for the fourteenth worker per week?


Definitions:

Market Rate of Return

The average returns earned by investors in the market as a whole, often considered as the benchmark return.

Annual Dividend

The yearly sum paid by a company to its shareholders out of its earnings.

Market Price

The ongoing market rate for assets or services being bought or sold.

Annual Dividend

The total amount of dividend payments a company declares in one year, divided amongst its shareholders.

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