The second table depicts the product market and labor market a digital device manufacturer faces. a. Calculate

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The second table depicts the product market and labor market a digital device manufacturer faces.Labor Input (workers per hour) 10 11 12 13 14 15 Total Product 100 109 116 121 124 125 Product Price (S) 53

a. Calculate the firm’s marginal product, total revenue, and marginal revenue product at each input level above 10 units.

b. The firm competes in a perfectly competitive labor market, and the market wage it faces is $26 per hour. How many workers will the profit-maximizing employer hire?

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