$\backslash$table$[[$Situation MPI,MPC$,$PI$,$Pc$,],[$II$,30,20,30,20],[$II$,10,15,20,30],[$III$,20,20,20,20],[$IV$,30,40,20,10]]$

Assume that a purely competitive firm uses two resources, labor $($L$)$and capital $($C$),$ to produce a product. The market price of this product is $$2\mathrm{.}00.$ The Marginal Product $($MP$)$ and prices of the resources $($PI$)$ and $($PC$)$are shown in above four situations.

MRPI for Situation IV is

$60$

$40$

$600$

$30$