Please answer the following questions:

A rm sells output in a competitive market. The price per unit of output is $3. The rm's production schedule is given by Table 1. The rm is a monopsony in the labor market. Table 2 contains the supply schedule of workers. Table 1 Table 2 Firm's Production Schedule Labor Sun-l Schedule Number of workers Number of workers (a) Graph the labor supply schedule. (b) Calculate the rms\" marginal revenue product schedule and graph it. (c) Calculate the rm's marginal cost of labor schedule and graph it. (d) How many workers will the rm hire? When is this optimal for the rm? What will be the wage rate? What will be the lm's prot? Eaplain. (e) Are the workers underpaid? Eyes, why and how much? It'no= why not? Explain. (t) Suppose the government plans to impose a minimum wage. What is the optimal minimum wage? In what sense is it optimal? Explain