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4 (20 pts). The marginal product of labor (measured in units of output) of a rm is given by MPN=A(200-N), Where A measures the productivity

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4 (20 pts). The marginal product of labor (measured in units of output) of a rm is given by MPN=A(200-N), Where A measures the productivity and N is the number of labor hours used in the production. Suppose the price of the output is $6 per unit and A = 0,02. a. What will be the demand for labor if the nominal wage is $18? b. What will be the demand for labor if the nominal wage rises to $21

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