the marginal product of labor measured in units, Econometrics

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the marginal product of labor measured in units

the Marginal product of labor (measured in units of output) for a firm is:MPN = A(100 - N)

Where A measures productivity and N is the number of labor hours used in production. The price of output is $2.00 per unit.

if A = 1, what will demand for labor be if the nominal wage is $10?

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Econometrics: the marginal product of labor measured in units

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Econometrics: the marginal product of labor measured in units

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