d. Calculate the number of workers that will be hired if the nominal wage rate = $140. Calculate the number of workers the firm will hire if the nominal wage is $1 10. Calculate the number of workers that the firm will hire if the nominal wage is $90. Please show your work. Y = 15K .5N.5 Y = 15 (25).5(10).5 = 237.17 MPN = Change in Output (Y) / Change in Labor (N) (237.17 - 0) / (10-0) = 23.72 MRPN = P * MPN $6 * 23.72 = $142.32 Since $142.32 > $140 If W = $140, N = 10 Y = 15K.5N.5