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Hi I need help answering all parts of this question including the chart for my Economics of worn and Pay Labor Class asap Units of

Hi I need help answering all parts of this question including the chart for my Economics of worn and Pay Labor Class asap

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Units of Value of Marginal Product Marginal Marginal Marginal Labor Marginal Revenue Price Revenue Product Wage Cost Product Product 36 $2 35 2 32 aUAWNA 27 NNNN 20 10 2.1 (10 points) The firm faces a constant wage of $27. Is this firm perfectly competitive in labor markets? Is this firm perfectly competitive in product markets? Explain? 2.2 (10 points) Suppose that the product price was declining instead of being constant? Would this firm still be perfectly competitive in labor markets? Would it still be perfectly competitive in product markets? Explain? 2.3 (20 points) Fill in the marginal revenue, marginal revenue product, marginal product, and marginal wage columns. 2.4 (10 points) How many units of labor does this firm hire? Explain

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