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(Solved): Number of Workers Total Output per Hour (TP) Marginal Product of Labor (MP _(L) ) Marginal Revenue P ...



Number of Workers Total Output per Hour (TP) Marginal Product of Labor (MP _(L) ) Marginal Revenue Product of Labor ( MRP_(L) ) (= MP MxxMR ) 1 10 2 22 3 30 4 36 5 40 6 43 7 45 8 46 based on the data, at what level of employment does the firm begin to experience diminishing marginal returns? 3 workers 4 workers 5 workers



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