if the wage is $20 per worker, what is the profit maximizing number of workers this firm will hire? And why?

Based upon this exercise, what two factors can shift to the VMP/Demand for Labor curve?

Round 3: The product being made is kites. Each kite sells for $5.00 in this round. The productivity of the Yellow Card Workers remains the same as above: round l Yellow Card Workers 0 Calculate the Marginal product for each worker. 0 Calculate the VMP for each worker. If the wage is $20 per worker, what is the prot maximizing number of workers this rm will hire? 0 Why? o On the graph on page 1, please graph the number of workers hired, and the VMP. Label the curve as VMP = D Round 3. 0 Based upon this exercise, what two factors can shift the VM P/Demand for Labor curve? 0