Business, 17.12.2019 23:31, levicorey846

Use the following information to answer the following questions: mickey l. douglas, owner of mld incorporated, knows that the marginal product of labor (mpl) for his workers can be defined as follows: mpl = 32-l the total output a given level of workers can produce is found as: q 32l 1/2l2 he also knows that the price of his output is $3. his profits can be found as: profit = (p × ×l) what additional amount of output does the thirtieth worker contribute?

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Use the following information to answer the following questions: mickey l. douglas, owner of mld in...