Question: Please show the work in any math used with eligible writing, if not will give a bad grade!!!!! 4. Complete the table below for parts

Please show the work in any math used with eligible writing, if not will give a bad grade!!!!!

Please show the work in any math used with eligible writing, if

4. Complete the table below for parts a. and b. Data are periodic outputs/employment for a firm hiring from a perfectly competitive labor market. You may fill in the table here in pencil and work the rest of the problem in the space below it. Mind your formatting on all calculated values. It is possible to have decimal values for MPPL. L TPL = Q MPPL TR(a) MRPL (a) TPL (6) MPPL (b) TR(b) MRPL (6) O workers O units XXX $0.00 XXX O units XXX $0.00 XXX 5 workers 250 units 10 workers 475 units 15 workers 675 units 20 workers 850 units 25 workers 1,000 units 30 workers 1,125 units 35 workers 1,225 units 40 workers 1,300 units 45 workers 1,350 units 50 workers 1,375 units 55 Workers 1,375 units a. Given p*=$8.00, W*=$120.00, complete columns 3 through 5 on the table. Determine o and if the firm hires labor or shuts down. Determine Optimal Employment (L*). If FC = $4,000.00, calculate Labor Costs (LC). Total costs (TC) and economic profits/losses for the firm. b. Given productivity of labor decreases by 20%, p*=$6.00, W*=S96.00, complete columns 6 through 9 on the table. Determine a and if the firm hires labor or shuts down. Determine Optimal Employment (L). If FC = $4,000.00, calculate Labor Costs (LC). Total costs (TC) and economic profits/losses for the firm

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