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D Use the following information for the next 8 questions. Assume that in the market for labor for college football, you have the following demand, supply and marginal cost curves: WD=190-8Q Ws = 9Q-70 MC = 18Q-70D Question 5 2 pts Now assume that the NCAA can act as a monopsonist when negotiating labor contracts. What is the marginal revenue product of labor in this market? Hint: round to 2 decimal places and do not include units Example: if the answer is 22.8866633452 units of labor, enter 22.89 D Question 6 2 pts Now assume that the NCAA can act as a monopsonist when negotiating labor contracts. What is the marginal cost of labor in this market? Hint: round to 2 decimal places and do not include units Example: if the answer is 22.8866633452 units of labor, enter 22.89 D Question 7 3 pts Now assume that the NCAA can act as a monopsonist when negotiating labor contracts. What is the value of welfare transferred from athletes to the NCAA? Hint: round to 2 decimal places and do not include units Example: if the answer is 22.8866633452 units of labor, enter 22.89Question 8 3 pts Now assume that the NCAA can act as a monopsonist when negotiating labor contracts. What is the value of the deadweight loss in this market? Hint: round to 2 decimal places and do not include units Example: if the answer is 22.8866633452 units of labor, enter 22.89