PLEASE HELP ME WITH THESE QUESTIONS I DONT UNDERSTAND. This is AP MICRO. Please provide explanations and calculations so I can understand and provide step by step if you can. Thank you and have a wonderful day!! It is 1 question and it is parts A-J. Thank you again!!

AVA . .. Normal No Spacing Heading 1 MAC Wage $30 MAP 205 Quantity of Labor Yksi is a monopsonist in its labor market. The graph below shows the marginal resource cost (MRC), supply of labor (S.), anmonopsonistrevenue product for the labor market. (a) What is the profit-maximizing quantity of labor for YKsi? (b) What is the profit-maximizing wage rate that Yksi will pay? (c) How many units of labor are unemployed because of Yksi's lack of competition in the labor market? (d) According to economists, what is the primary reason that the marginal revenue product is downward sloping? (e) What is the deadweight loss that results from Yksi's monopsony on the labor market? (f) Assume that Yksi's fixed cost is $300, and labor is its only variable cost. If it is earning normal profits, what is its total revenue in the product market? (g) If Yksi lost its factor market power and the labor market became competitive with no effect on the total labor supply, what would be the profit-maximizing total factor cost for labor? (h) A technological advance makes every unit of labor more productive fo the good Yksi sells in the output market. Ignoring the values on the axes, copy the labor market graph above and illustrate the effect of the advance on the labor market. () As a result of the change from part (h), would Yksi spend more, less, or the same on labor? Explain. (j) Based on the information given, what can be determined, if anything, about the product market structure that Yksi operates in? Explain.\f(a) What is the profit-maximeing quantity of labor for YIci? obl What is the profit-maximizing wage rate that Yst will pay? Id How many units of labor are unemployed because of Ykai's lack of competition in the labor market? of According to economists. what is the primary reason that the marginal revenue product is downward of What is the deadweight loss that results from Mul's monopsony on the labor market? (D Assume that Ykel's fixed costs $300 and labor in its only variable cost, if is is earning normal profits, what s its total revenue in the product market? of if Ykil lost its factor market power and the labor market became competitive with no effect on the total ober supply what would be the profit-maximizing total faster cost for labor? In A technological advance makes every unit of labor mert productive for the good You sells in the output market, Ignoring the values on the awet, copy the labor market graph above and flustrate the effect of the advance on the labor market UP At a result of the credge from park (h) would rest spend more lett or the same on labor? Explain Based on the information given, what can be determined If anything about the product market structure that You operates in7 Explain. Download