A graph plots W versus L. 2 rising lines labeled M R C and S subscript L and a falling line labeled M R P are graphed.The horizontal axis is labeled L. Points L 0, L 1, L 2, L 3 and L 4 are marked on the horizontal axis from left to right. The vertical axis is labeled W. Points W 0, W 1 and W 2 are marked on the vertical axis from bottom to top. A rising line labeled M R C begins at a point on the vertical axis that is above the origin, passes through (L 0, W 1) and (L 1, W 2), and ends at the top-right. Another rising line labeled S subscript L has the same starting point as M R C, passes through (L 1, W 0), (L 3, W 1), and (L 4, W 2), and ends at the top-right. A falling line labeled M R P begins at a point on the top of the vertical axis, passes through (L 1, W 2) and (L 2, W 1), and ends at the bottom right. Consider a company town where the ABC Corporation is the only employer. Assume ABC sells