No of Employees No of Washes H 10.00 2 19.00 3 26.00 C. Explain why the Value of the Marginal Product = Marginal Revenue Product for perfect competitors but these values are not equal for the monopolistic competitors. D. In a company, if the Marginal Revenue Product of the 8th worker hired is less than the MRC for that worker, should the firm hire the 9th worker? Explain E. Graph the resource market for passenger and freight train engineers. Show the change in the wage rate and quantity of workers hired if there is a very large number of engineers retiring and the demand for rail travel has increased in the last year