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3. Computing labor productivity and its relationship to the demand for labor Gopher Excavators produces shovels in a small factory and sells the shovels in a competitive market. The following table shows the company's production function: Labor Output (Number of workers) (Shovels) 0 0 100 2 190 270 3 330 370 Use the blue points (circle symbol) to plot the production function for Gopher Excavators on the following graph. 400 - 330 Production Function 200 hove Use the blue points (cirde symbol) to plot the production function for Gopher Excavators on the following graph. 400 300 320 Production Function 280 240 OUTPUT (Shovels) 200 160 120 40 2 LABOR (Number of workers) Calculate the marginal product of labor (MPL) of each worker, and then plot the MPL curve on the following graph using the blue points (circle symbol). Note: Remember to plot each point haltway between two integers. For example, when the number of workers increases from 0 to 1, the MPL of the first worker should be plotted with a horizontal coordinate of 0.5, the value halfway between 0 and 1. Line segments will automatically connect the points Note: Remember to plot each point halfway between two Integers. For example, when the number of workers increases from 0 to 1, the MPL of the first worker should be plotted with a horizontal coordinate of 0.5, the value halfway between 0 and 1. Line segments will automatically connect the points 100 30 MPL 70 00 MPL (Shovels per worker) 40 30 20 10 0 LABOR (Number of workers) The following graph shows the demand for labor for three different price per shovelt The following graph shows the demand for labor for three different prices per shovel > 300 0 270 240 210 ZO N WAGE Dars per woner 110 120 o 6 LABOR Number of worker) Given the company's marginal product of labor curve shown on the initial graph, tine on the previous graph shows Gopher's demand for labor When the price of a shovel to $1.00, and line shows Gopher's demand for tabor when the price of a shovel $2.00