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Homework answers / question archive / The table below shows data for the production of Avocados for an individual firm operating in an imperfectly competitive market

The table below shows data for the production of Avocados for an individual firm operating in an imperfectly competitive market

Economics

The table below shows data for the

production of Avocados for an individual firm operating

in an imperfectly competitive market.

Number of workers

Number of Avocados

Marginal Revenue

0

0

22

10

150

21

20

270

20

30

360

19

40

420

18

50

450

17

Given this data, complete the table:

Quantity of

Avocados

Marginal Product of Labor

(MPL)

Marginal Revenue Product of Labor

(MRPL)

0

-

-

10

20

30

40

50

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