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uestion 4 of 5
Martin's Magical Milk Farm produces cow's milk and sells it to a local store for $2.20 per gallon. Agricultural workers in the
area are paid a fixed wage rate of $90 per day. Use this information and the information in the table to answer the questions. Assume that the milk farm is profit maximizing.
\table[[Workers,Quantity of milk per day (gallons)],[0,0],[1,70],[2,130],[3,180],[4,220],[5,4],[6,240]]
What is the marginal product of labor (MPL) for employing a. third worker?
MPL3=
gallons
What is the value of the marginal product of labor (VMPL) for employing a sixth worker?
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kmarks Profiles Tab Window Help Sun Nov 2 4

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