Please answer the following Perfect Comp questions with an explanation. Thank you!

Perfect Comp labor Questions 3 Cleanit is a perfectly competitive, profit-maximizing trash collection firm. Cleanit hires workers in a perfectly competitive labor market. The name, username and photo associated with your Google account will be recorded when you upload files and submit this form. Not stephen. coker@stu.hpisd.org? Switch account Draw side-by-side graphs for the labor market and for Cleanit and show 50 points each of the following. The market wage. labeled WM. and the quantity of workers hired in the market, labeled LM: The marginal factor (resource) cost curve. labeled MFC: The marginal revenue product curve. labeled MRP: The wage paid by the firm, labeled WF, and the quantity of workers hired by the firm. labeled LF. _ Add file Assume that Cleanit is the only firm in the industry to adopt a new 20 points technology. The new technology increases the productivity of Cleanit's workers. In the short run, will the wage paid by Cleanit be higher than. lower than, or equal to WF? Explain. Your answerAssume that Cleanit is the only firm in the industry to adopt a new 20 pointe technology. The new technology increases the productivity of Cleanlt's workers. In the short run. will the wage paid by Cleanlt be higher than. lower than. or equal to WF? Explain. Your answer Assume that Cleanlt is the only firm in the industry to adopt a new 15 points technology. The new technology increases the productivity of Cleanlt's workers. In the short run. will the number of workers hired by Cleanit increase, decrease, or stay the same? Explain. Your answer Cleanit uses capital in the form of trucks, which it rents for $10,000 each. 15 points The marginal product of the last truck used is 100,000 units. If Cleanit is minimizing its costs and the marginal product of the last worker hired is 500 units, calculate the wage. Show your work. Your