Question: TUTORIAL 1A 1. Fill up table 1 below: Table 1 Number of Output X Marginal Price of Marginal Wage per Additional Labor per week Productivity

 TUTORIAL 1A 1. Fill up table 1 below: Table 1 Number

TUTORIAL 1A 1. Fill up table 1 below: Table 1 Number of Output X Marginal Price of Marginal Wage per Additional Labor per week Productivity Good X Revenue of Week increase in of Labor Productivity profit for every Labor unit of additional labor 0 O $200 $600 6 200 600 W N b/ 11 200 600 15 200 600 18 200 600 5 20 200 600 6 21 200 600 Basedo on table 1, determine number of labor that maximizes profit

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