Labor Markets 1. The table below shows data for the production of Avocados for an individual firm. Number of workers Number of Avocados 0 70 126 168 196 210 Given this data, what is the marginal product of labor when quantity increases from 1 by one unit? 2. The table below shows data for the production of Avocados for an individual firm operating in a perfectly competitive market. Suppose that the price of Avocados is $3. Number of workers Number of Avocados 0 0 10 150 20 270 30 360 40 420 50 450 Given this data, complete the table: Value of the Marginal Quantity of Marginal Product of Labor Product of Labor avocados (MPL) (VMPL) 0 10 20 30 40 50 3. The table below shows data for the production of Avocados for an individual firm operating in an imperfectly competitive market. Number of workers Number of Avocados Marginal Revenue 0 0 22 10 150 21 20 270 20 30 360 19 40 120 18 50 450 17 Given this data, complete the table: Quantity of Marginal Product of Labor Marginal Revenue Product of Labor Avocados (MPL) (MRPL) 10 20 30 40 50