Question: Use the data in the tables to answer the question that follows. Use the data in the tables to answer the question that follows. Market

Use the data in the tables to answer the question that follows.

Use the data in the tables to answer the question that follows. Market Price of Quantity Supplied of Quantity Demanded of Output Output Output 25,000 60,000 $10 50,000 50,000 $15 75,000 40,000 100,000 30,000 $25 125,000 20,000 What is the marginal revenue product of the 60th unit of labor, assuming this market is perfectly competitive in both the factor and output markets? 0 $30 0 $40 0 $60 0 $75 0 $3,250

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