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Part F: Gravel Mine part 1 Suppose a gravel mine has the following Total Output schedule for tonnes of gravel produced: 24. Assuming the price of output is $5 per tonne. Calculate and graph the Marginal Revenue Product of Labour (MRPL) curve for the mine operation. 25. Suppose the labour market is perfectly competitive and the going wage for a gravel pit worker is $10. On the same graph, graph draw the marginal cost (MC) curve of labour. How many workers will the gravel mine operator hire? Part 6: Gravel Mine part 2 Suppose now that the gravel mine is the only employer in a remote small community and faces the following labour supply curve: Quantity of Total Output Hourly Wage Labour, L 26. Calculate the total labour cost and Marginal Labour cost for each quantity of Labour hired. 27. How many workers will the gravel mine operator now hire? Explain