-The above table depicts output from a firm that manufactures computers. The computers sell for $1,000 each. What is the marginal revenue product (MRP) for the fourteenth worker per week?

Question

Quizplus · Accepted Answer

The marginal revenue product (MRP) is calculated by multiplying the marginal product of the worker by the price of the product. If the fourteenth worker produces 60 additional computers, the MRP is 60 units * $1,000 = $60,000.

-The Above Table Depicts Output from a Firm That Manufactures