Sizzler's produces charcoal grills in a small manufacturing facility and sells the grills in a competitive market. The following table presents the company's production function: Use the blue points (circle symbol) to plot the production function for Sizzler's on the following graph.

  

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Labor (Number of workers) 0 OUTPUT (Grills) 400 Use the blue points (circle symbol) to plot the production function for Sizzier s on the following graph. 360 320 200 240 200 160 120 80 40 3 O Output (Grills) 0 90 175 245 300 325 LABOR (Number of workers) Production Function 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 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 90 80 70 8 MPL (Grills per worker) 60 50 40 30 20 10 0 LABOR (Number of workers) MPL ? The following graph shows the demand for labor for three different prices per grill: WAGE (Dollars per worker) 300 270 240 210 180 150 120 90 60 30 0 DO z O= C 8 P 0 O 8 O LABOR (Number of workers) DO Given the company s marginal product of labor curve shown on the second graph, line price of a grill is $1.00, and line, shows Sizzler s demand for labor when the price of a grill is $3.00. on this graph shows Sizzier s demand for labor when the Labor (Number of workers) 0 OUTPUT (Grills) 400 Use the blue points (circle symbol) to plot the production function for Sizzier s on the following graph. 360 320 200 240 200 160 120 80 40 3 O Output (Grills) 0 90 175 245 300 325 LABOR (Number of workers) Production Function 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 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 90 80 70 8 MPL (Grills per worker) 60 50 40 30 20 10 0 LABOR (Number of workers) MPL ? The following graph shows the demand for labor for three different prices per grill: WAGE (Dollars per worker) 300 270 240 210 180 150 120 90 60 30 0 DO z O= C 8 P 0 O 8 O LABOR (Number of workers) DO Given the company s marginal product of labor curve shown on the second graph, line price of a grill is $1.00, and line, shows Sizzler s demand for labor when the price of a grill is $3.00. on this graph shows Sizzier s demand for labor when the

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