Imagine a monopolist producing software xyz is facing a competitive labor market. The monopolist has the following production technology; Q 10L0.5 K0.5. The level of capital is fixed at 1 (K = 1). The demand for software is P = 100-Q and wage is $25. (a) Find the marginal revenue product of labor (MRPL). = (b) Find the equilibrium amount of labor hired and the equilibrium wage. (c) Plot the supply and demand of labor. Clearly mark the curves, intercepts, and the equi- librium with correct numbers.