the exercise will be on file please

Question 28 2 pts Suppose a competitive rm is paying a wage of $12 an hour and sells its product at $3 per unit. Assume that labor is the only input. If hiring another worker would increase output by three units per hour, then to maximize prots the rm should 0 hire another worker. 0 not hire an additional worker. Q There is not enough information to answer the question. 0 raisewages of its workers. Question 26 The graph depicts a monopolistically competitive rm (a price searcher with low entry barriers). o 1o 20 a (no mamrm) Refer to the graph above. In the short run, this monopolistically competitive rm will set price at: 0 $55 and produce 45 units of output 0 $65 and produce 35 units of output 0 $50 and produce 35 units of output 0 $52 and produce 50 units of output