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Fill out the rest of the table

Economics

Fill out the rest of the table. Each output unit produced by this firm sold at a price of P = $4.

Labor Output MP MRP TR
0 0 0 0 0
1 80      
2 140      
3 185      
4 220      
5 250      
6 260      

Having filled out the table above, fill in the table below. How many workers will the firm hire at each wage rates?

Wage Quantity of labor demanded
50  
130  
150  
200  
250  
300  
350

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