P T Candice's' Cupcakes is 8 new cupcake delivery company in Gainesville, Florida. The firm hires local college students to sell cupcakes door-to-door in higher income neighborhoods. Each of these "Sales Associates\" sells cupcakes, which increases Candice's Cupcakes' total revenue, but must be paid an hourly wage. The graph below depicts Candice's Cupcakes' demand for labor curve when the retail price of a cupcake is 52.50. Houry Wage Number ol Sales Associles Demausded Part (i): Suppose that the retail price of a cupcake is $2.50. What is the marginal product of the 3 Sales Associate? The graph provides the information about the demand for labor curve for Candice's Cupcakes. The vertical axis indicates the hour salary while the horizontal one shows the guantity of sales associate that Crowd needs at the specific price of a retail cupcake. Fart {ii): Suppose that the retail price of a cupcake is $2.50. What is the marginal product of the 5 Sales Associate? Part {iii): Suppose that the retail price of a cupcake increases to 53.00, but that the sales associates' marginal products are not affected. What is the marginal revenue product of the 3 Sales Associate? Part {iv): Suppose that the retail price of a cupcake increaszes to $3.00, but that the sales associates' marginal products are not affected. What is the marginal revenue product of the 5 Sales Associate? Part {v): Complete this sentence: As the price of the good being produced increases, the demand for labor (decreases; increases). If the wage is unchonged, {fewer; more) workers will be hired