Refer to the diagram to the right: Land is the other (fixed) factor of production. Currently the real wage is $15, Marginal product of labor, MPL O 60 Calculate the change in land rents due to a $5 increase in the real 55 wage. 50- A Land rents = $ .(Enter your response rounded to the nearest 45- dollar. Be sure to include the minus sign if necessary.) 40- Calculate the change to the total wage bill (total payment to labor). 35- 30- A Total payment to labor = $. (Enter your response rounded to the 25- nearest dollar. Be sure to include the minus sign if necessary.) Real Wage' 20- Real Wage 15 10 MPL 0- 0 10 20 30 40 50 60 70 80 90 100 110