Question: The table below presents the labor and wage information for the sole demander of medical doctors in a small town. Labor Wage Rate Marginal Resource

The table below presents the labor and wage information for the sole demander of medical doctors in a small town. Labor Wage Rate Marginal Resource Cost Marginal Revenue Product 0 -- -- -- 1 $25 $25 $55 2 30 35 50 3 35 45 45 4 40 55 40 5 45 65 35 Instructions: Enter your answer as a whole number. a. How much labor will the firm employ? workers b. What is the wage rate the firm will pay? $

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