Question: In this problem, the short run production function is given. In other words, we are able to see the total output that is produced when

In this problem, the short run production function is given. In other words, we are able to see the total output that is produced when different amounts of labor inputs are hired. Each output unit produced by this firm is sold at a price of P = $5.

Fill out the rest of the table from the given information. Recall that MP = Marginal Product, MRP = Marginal Revenue Product, and TR = Total Revenue.

DO NOT ENTER DOLLAR SIGNS, ONLY ENTER NUMBERS

LaborOutput MPMRPTR

00000

175

2140

3190

4230

5255

6270

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