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Показувати елементи керування програвачем
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Great video! Encouraging us to do the calculations really helped! Keep up the good work!
Crystal clear
Thanku so much for really considering actual doubts🙂
I also saw the formula MRP=MPP *MR in somewhere, but the video here says that MRP=MPP*P. I'm not sure which one is correct.
why is the answer for (b) $30 is at $35? i get that the firm earns more than how much they pay per additional labour, but mustn’t MRP=MCL?
You’d continue employing up until MRP=MCL. So as long as MRP > MCL we should hire the worker. In some examples you won’t have a perfect match of MRP equaling MCL at some point.
Thank you
❤️
Great video! Encouraging us to do the calculations really helped! Keep up the good work!
Crystal clear
Thanku so much for really considering actual doubts🙂
I also saw the formula MRP=MPP *MR in somewhere, but the video here says that MRP=MPP*P. I'm not sure which one is correct.
why is the answer for (b) $30 is at $35? i get that the firm earns more than how much they pay per additional labour, but mustn’t MRP=MCL?
You’d continue employing up until MRP=MCL. So as long as MRP > MCL we should hire the worker. In some examples you won’t have a perfect match of MRP equaling MCL at some point.
Thank you
❤️