Question: The following table shows the Total Output each week of workers on a perfectly competitive cherry farm. The equilibrium price of a pound of cherries

The following table shows the Total Output each week of workers on a perfectly competitive cherry farm. The equilibrium price of a pound of cherries is $4. Complete the Marginal Product of Labor and the Marginal Revenue Product of Labor columns in thetable.

Marginal Product of Labor Marginal Revenue Product of Labor Quantity of Labor Total Output 250 1,125 1,300 1,450 1,560

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