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Labor Quantity Price of Output Wage Rate MP VMP 0 0 $5 $400 100 $5 $400 2 220 $5 $400 3 320 $5 $400 4

Labor Quantity Price of Output Wage Rate MP VMP 0 0 $5 $400 100 $5 $400 2 220 $5 $400 3 320 $5 $400 4 400 $5 $400 5 475 $5 $400 6 540 $5 $400 7 600 $5 $400 8 650 $5 $400 9 690 $5 $400 10 700 $5 $400

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