For the equations below, q is the total number of units produced per day by m employees of a manufacturer, and p is the price per unit at which the q units are sold. Find the marginal-revenue product for the given value of m. 500m - m2 =b 50 p= - 0.4q+ 20; m = 60 ..... The marginal-revenue product when m= 60 is (Type an integer or a decimal.)

For the equations below, q is the total number of units produced per day by m employees of a manufacturer, and p is the price per unit at which the q units are sold. Find the marginal-revenue product for the given value of m. 500m - m2 =b 50 p= - 0.4q+ 20; m = 60 ..... The marginal-revenue product when m= 60 is (Type an integer or a decimal.)

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter11: Labor Markets

Section: Chapter Questions

Problem 1SQ

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