economics question

2) Suppose a firm's production function is: (x1,x2) = 4\\*1 x2 *1 represents workers and X, represents machines. The firm is in the short run and X, is fixed at 4 units (x2 = 4). In addition, p = 10, wj = 2, and w2 = 10. a) The owner of the firm sets marginal product (MP) equal to w, (the cost of x1) and decides that he should hire 4 workers. What is wrong with the owner's calculation? How many workers should be hired? Remember that the goal of the firm is to maximize profits. (7 points) b) The owner is hearing rumors that we is going to be decreasing and he is worried about how this is going to impact his decision on how many workers (x) to hire. Should he be worried? Briefly explain. (5 points)