References Documenti - Microsoft Word Calibu Boty View Y 11 AN mat Painter BI U he X X X - A . Font Normal 1 No Spaci. Heading Paragraph Heading 2 TH Subete Subtle 03. (7.5 marks) Below is productivity data for firm Nearly Done Inc. which purchases resources in a perfectly competitive factor market. Quantity of 2 3 4 S 6 7 8 9 4 10 18 28 36 42 46 48 49 MP 4 6 8 10 8 6 + 2 1 Unit Price of Products 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 1. Refer to the above information what quantity of labour wil Nearly Done Inc. employif the market wage rate is $8? ANSWER- I 2. What is Nearly Done's total revenue if the market wage rate is $8. 3. What is Nearly Done's total wage bill if the market wage rate is $8? 4. What is Nearly Done's total profitar loss if the marketwage rate is 58, totalfixed costs are $24 and labour costs are the onply variable costs? 5. In what type of market does Nearly Done Inc. sell its output/product? Explain ANENO 0643 13-06-2020 of 6 Words: 1.110 English (United States O Type here to search DELL 42 VAS FVD VO IS 7 VO FS F4 R F3 8 F2 7 F1 Esc $ % 5 6 # 4 3 y 2 T R E K W J Q G G Tab F D S A B V Caps Lock Z Alt Fn 4