43. Assuming the product price is $2.00, what is the Marginal Physical Product of Labor of the 30th unit of labor? O(a) 15 (b) 25 (c) 30 (d) 35 (e) 60

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Fig. A
Fig. C
250
$
200
150
100
50
0
250
150
$
200 +
100
O
50
0
10
VMP=MRP
4
LS-MFC
10
MRP
LS=MFC
10
20
VMP
20
30 40
.
30
50
40 50
HL
BL
Fig. B
Fig. D
250
200
150
100
50
0
250
200
150
100
50
CO
0
$
0
0
43. Assuming the product price is $2.00, what is the Marginal Physical Product of Labor of the 30th unit of labor?
O(a) 15
(b) 25
(c) 30
(d) 35
(e) 60
$
10
VMP=MRP
MRP
10
20
VMP
20
30 40
30
40
LS
50
LS
50
MFC
L
1
MFC
Transcribed Image Text:Fig. A Fig. C 250 $ 200 150 100 50 0 250 150 $ 200 + 100 O 50 0 10 VMP=MRP 4 LS-MFC 10 MRP LS=MFC 10 20 VMP 20 30 40 . 30 50 40 50 HL BL Fig. B Fig. D 250 200 150 100 50 0 250 200 150 100 50 CO 0 $ 0 0 43. Assuming the product price is $2.00, what is the Marginal Physical Product of Labor of the 30th unit of labor? O(a) 15 (b) 25 (c) 30 (d) 35 (e) 60 $ 10 VMP=MRP MRP 10 20 VMP 20 30 40 30 40 LS 50 LS 50 MFC L 1 MFC
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