Posted: February 20th, 2021

The following table depicts the output of a firm that manufactures

The following table depicts the output of a firm that manufactures computer printers. The printers sell $100 each.

 

Labor Input                      Total Physical Output   Marginal Physical   Marginal Revenue

                                                                                      Product                     Product

(workers per week)         (printers per week)

10                                          200                                 —–                             ——–

11                                          221                                 ?                                       ?

12                                           238                                  ?                                      ?

13                                          251                                   ?                                 ?

14                                         260                                     ?                                ?

15                                          265                                     ?                                 ?

16                                           266                                    ?                                  ?

 

 

Calculate the marginal physical product at each input level above 10 units.

(enter numeric responses in the table above using real numbers).

Calculate the marginal revenue product at each input level above 10 units.

 

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