He employs 87 apple pickers and pays them each 8 per hour, Accounting Basics

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He employs 87 apple pickers and pays them each 8 per hour

Frank Gunter owns an apple orchard. He employs 87 apple pickers and pays them each $8 per hour to pick apples, which he sells for $1.60 per box. If Frank is maximizing profit, what is the marginal revenue product of the last worker he hired? What is that worker's marginal product?

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Accounting Basics: He employs 87 apple pickers and pays them each 8 per hour

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Accounting Basics: He employs 87 apple pickers and pays them each 8 per hour

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