Question: m Practice Problem 1. The following table reports the marginal product of the rst 16 workers a tomato grower could hire. that is, it tells

 m Practice Problem 1. The following table reports the marginal product

m Practice Problem 1. The following table reports the marginal product of the rst 16 workers a tomato grower could hire. that is, it tells us how many extra tomatoes each worker could grow. The tomato grower has monthly xed costs of $50- The monthly wage of each worker is also $50. The tomato grower participates in a perfectly competitive market where there are currently 1000 identical growers. They sell boxes of tomatoes which contain 1500 tomatoes each and currently the market price of these boxes is $200

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