Economics (MindTap Course List)
13th Edition
ISBN: 9781337617383
Author: Roger A. Arnold
Publisher: Cengage Learning
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Attached is the unfinshed labor market data for a firm that sells dog treats. Complete the table with the correct values.
Transcribed Image Text:# of workers hired Total product Marginal product
(treats/hour) (treats/hour/workers)
Price of dog treats Total revenue Value of the marginal product
$4.00
1
55
55
112
57
159
47
4
199
40
228
29
6
243
15
7
235
-8
2.
3.
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