Question: 15t attempt Consider a monopolist using one input, I, in the production process. Assume the production function is y = 5:. The monopolist faces the

 15t attempt Consider a monopolist using one input, I, in the

15t attempt Consider a monopolist using one input, I, in the production process. Assume the production function is y = 5:. The monopolist faces the following demand curve: Q = 813-6, where Q stands for the quantity demanded and P stands for the price. Suppose the monopolist sells its product ata price of $5 per unit. The marginal revenue product of 3 is M RPz = . (Round you r answer to the nea rest two decimals if necessary.)

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