Price per
20. Consider the following table:
Unit of factor
Total product
MPP
VMP
factor 3
1
50
120
120
6000
2
50
220
?
11.000
3
50
300
80
2
What is the MPP for the 2nd unit and VMP for the 3rd unit respectively?
(a) 100, 4000
{b) 100, 24000
(c) 220, 4000
(d) 120, 5000
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