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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.
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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