Marginal physical product Number of stylists (per week) 0 Total reveruje (dollars per week) $0 Marginal revenue product (dollars per stylist) Total output (output per (per week) stylist) 0 60 80 90 90 2 3 4 Table 30.2 Hairstyling Appointments and Revenues

匿名用户 最后更新于 2021-11-29 14:46 经济Economics

Marginal physical product Number of stylists (per week) 0 Total reveruje (dollars per week) $0 Marginal revenue product (dollars per stylist) Total output (output per (per week) stylist) 0 60 80 90 90 2 3 4 Table 30.2 Hairstyling Appointments and Revenues Table 30.2 shows how many hairstyling appointments a hair salon can schedule per week based on the number of stylists. In the spaces provided, compute the marginal physical product (MPP) of the hair stylists, total revenue, and marginal revenue product of the stylists, assuming that a hair stylist charges $60 per appointment. In Table 30.2 suppose a hairstylist is paid $700 per week. How many hairstylists should a profit-maximizing salon hire? Select one: a. 2. • b. 1. • C. 3. • d. 4.

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