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a) Fill the table below b) Use excel sheet and construct all the possible short-run demand curves using answers in part a) and information in the table below. Employment (E) Marginal product of labour (MPE) Price (P) Value of marginal product of labour (VMPE) 1 1000 10   2 800 10   1 1000 20   4 400 10   3 600 10   2 800 20   5 200 10   4 400 20   5 200 20   3 600 20   1 1200 10   4 600 10   3 800 10   5 400 10   2 1000 10

a) Fill the table below b) Use excel sheet and construct all the possible short-run demand curves using answers in part a) and information in the table below. Employment (E) Marginal product of labour (MPE) Price (P) Value of marginal product of labour (VMPE) 1 1000 10   2 800 10   1 1000 20   4 400 10   3 600 10   2 800 20   5 200 10   4 400 20   5 200 20   3 600 20   1 1200 10   4 600 10   3 800 10   5 400 10   2 1000 10

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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a) Fill the table below

b) Use excel sheet and construct all the possible short-run demand curves using answers in part a) and information in the table below.

Employment (E) Marginal product of labour (MPE) Price (P) Value of marginal product of labour (VMPE)
1 1000 10  
2 800 10  
1 1000 20  
4 400 10  
3 600 10  
2 800 20  
5 200 10  
4 400 20  
5 200 20  
3 600 20  
1 1200 10  
4 600 10  
3 800 10  
5 400 10  
2 1000 10  

 

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