A company operates in a competitive market, selling each unit of output for a price of $30 and paying the market wage of $285 per day for each worker it hires.
In the following table, Complete the column for the value of the marginal product of labor (Weld)at each quantity Of wOrkerS.

On the following graph, use the blue points (circle symbol) to plot the firm's labor demand curve. Then, use the orange line (square symbols) to show the wage rate.

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Ake (Number of workers) Output (Units of output) Marginal Product of Labor (Units of output) Value of the Marginal Product of Labor Dollars) 16 15 14 16 31 45 56 64 500 450 400 350 300 e 250 200 E 150 Market Wage Rate 100 t 50 LABOR (Number of workers) 3 100 one worker 50 two workers three workers four workens five workers 决 4 LABOR (Number of workers) The profit-maximizing quantity of labor at the market wage is