Question: Question 2 (4 points) At what level of labor will this firm start facing diminishing marginal returns? (Approximate it to the nearest unit) Question

Question 2 (4 points) At what level of labor will this firm start facing diminishing marginal returns? (Approximate it to the nearest unit) Question 3 (4 points) When will the MPL and the APL intersect? (Approximate it to the nearest unit) Question 4 (4 points) Further suppose W Question 5 (4 points) 145 How many workers will the firm hire? If W 235 How many workers will the firm hire?

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