For the equations below, q is the total number of units produced per day by m employees of a manufacturer, and p is the price per unit at which the q units are sold. Find the marginal-revenue product for the given value of m. q= 500m-m² 50 p=-0.9q+40; m = 80 The marginal-revenue product when m = 80 is (Type an integer or a decimal.)
For the equations below, q is the total number of units produced per day by m employees of a manufacturer, and p is the price per unit at which the q units are sold. Find the marginal-revenue product for the given value of m. q= 500m-m² 50 p=-0.9q+40; m = 80 The marginal-revenue product when m = 80 is (Type an integer or a decimal.)
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 2SQ
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