Assume instead that Kevin’s Turkey Sliders uses both labor and capital in providing its services. The marginal product of the last unit of labor hired is 30 sliders per day and the marginal product of the last unit of capital rented is 20 sliders per day; the daily wage rate for labor is $60 and the daily rental price for capital is $20. Kevin’s Turkey Sliders wants to minimize the cost of providing its current level of services. Should they hire more butchers, fewer butchers, or the same number of butchers? Explain using marginal analysis.
Marginal Revenue Product (MRP) - MP of W x P of product

Marginal Resource Cost (MRC) - Additional cost of hiring an additional resource
