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1. Here's data for restaurant that makes meals using labor and a fixed amount of capital (its facility and equipment). As you do the calculations

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1. Here's data for restaurant that makes meals using labor and a fixed amount of capital (its facility and equipment). As you do the calculations requested below, please show your work for at least one row of each column. Use Excel if you wish-the table here in Word will paste beautifully into a spreadsheet, and can then be pasted back into this Word doc. (a) Calculate the firm's MPL for each value of Lexcept zero, assuming all else equal, filling in a new "MPL" column to the right of the initial columns. 1 (b) This firm's fixed costs are $50,000 per month and its only variable costs are the workers, who are hired at $2,500 each per month. As we did in class, fill in fixed costs, variable costs, and total costs at each level of L (including L= 0) again, adding new columns to the right to do 1. Here's data for restaurant that makes meals using labor and a fixed amount of capital (its facility and equipment). As you do the calculations requested below, please show your work for at least one row of each column. Use Excel if you wish-the table here in Word will paste beautifully into a spreadsheet, and can then be pasted back into this Word doc. (a) Calculate the firm's MPL for each value of Lexcept zero, assuming all else equal, filling in a new "MPL" column to the right of the initial columns. 1 (b) This firm's fixed costs are $50,000 per month and its only variable costs are the workers, who are hired at $2,500 each per month. As we did in class, fill in fixed costs, variable costs, and total costs at each level of L (including L= 0) again, adding new columns to the right to do

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