The creation of the dust bowl and the migration of the "Okies" to California took place in the

The Acme Company is a perfect competitor in its input markets and its output market. Its average product of labor is 30, the marginal product of labor is 20, the price of labor is $20, and the price of the output is $5

For Acme Company, the marginal revenue product of labor A) is $100. B) is $150. C) is $400. D) is $600. E) cannot be determined with the information provided.

Marginal utility (MU) equals

a. ?P/?Q b. ?Q/?TU c. ?PQ/?TU d. ?TU/?P e. ?TU/?Q