2. Part a: The following table shows multiple input levels (lbs. of Nitrogen), output price, total revenue, and total cost. Calculate marginal value product (MVP) and marginal factor cost (MFC). Crop Yield lbs of Change in Crop Price Yield Total Revenue Change in Change Change in in Total MVP Total Cost input Revenue level MFC Costs Nitrogen 20 100 0 $ 800.00 0 0 25 120 20 S 960.00 IS 160.00 5 30 135 IS $ 1,080.00 120.00 5 $ 650.00 Is $ 775.00 S 125.00 $ 875.00 S 100.00 $ 995.00 S 120.00 S 1,100.00 S 105.00 s 1,200.00 100.00 35 150 S 8.00 S 8.00 S 8.00 S 8.00 S 8.00 S 8.00 s 8.00 15 120.00 5 S 1,200.00 $ 1,280.00 40 160 10 80.00 5 45 166 6 48.00 S 1,328.00 $ 1,312.00 50 164 -2 -16.00 5 1.250.00 50.00 Part b: Using your answer to Part a what is the least cost level of input? lbs. of Nitrogen