1.2 The following schedule shows the technology of production at Mahalo Macadamia Nut Farm for 2015:

If macadamia nuts sell for $3.50 per pound and workers can be hired in a competitive labor market for $800 per week, how many workers should be hired? What if workers unionized and the weekly wages doubled?
(Hint: Create marginal product and marginal revenue product columns for the table.) Explain your answers clearly.

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Workers 0 1 Total Pounds of Macadamia Nuts Per Week 0 1,200 23456 2,000 2,500 4 2,700 2,800 6 2,400