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Business, 21.05.2021 17:20 myahlit84

Ramone's Drones Inc. makes local deliveries using small drones. Ramone is looking to hire an additional pilot to help with increased delivery needs. He currently brings in $8500 per month, but with the new pilot, thinks he'll be able to increase his revenue to $9750 per month. Required:
What is the monthly marginal revenue from hiring the additional pilot, which is referred to as the marginal revenue product of labor or MRPL?

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Ramone's Drones Inc. makes local deliveries using small drones. Ramone is looking to hire an additio...
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