Question: 1st Attempt Mountaintop Forest Products Is The Only Employer In A Small Timber Town... 1st attempt Mountaintop Forest Products is the only employer in a small timber town in the Pacific Northwest. The local residents are willing to supply labor according to a linear (inverse) labor supply function given by w(a) = 900 - 10x. This means that Mountaintop's cost as a function of the amount of labor it employs is c(x) = w(x) x x = (900 - 10x)x = 900x - 10x2 and its marginal cost (as a function of labor) is given by MC(x) = 900 - 20x. The paper products that Mountaintop produces and sells from the trees that it processes are currently selling for $3.50 per box and the production function for Mountaintop is y = 6x (which implies that the marginal product of labor is constant and equal to 6). Given these market details and conditions, answer the following two questions (give your answers to two decimal places). How much labor will Mountaintop hire if it is maximizing its profits? What wage will it pay (remember it is the only employer in town, so Mountaintop has the power to set wages)? $