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Stephanie is looking to hire workers to help her produce earrings. The current hourly market wage rate is $10 per worker. Assume this is a

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Stephanie is looking to hire workers to help her produce earrings. The current hourly market wage rate is $10 per worker. Assume this is a perfectly competitive market. Instructions: Enter your answers as a whole number. a. Fill in the "Total Labor Cost" and "Marginal Resource Cost" columns in the table below. Stephanie's Resource Costs Labor Total Labor Cost Marginal Resource Cost (workers) (dollars per hour) (dollars per hour) D 69 H m In b. Graph the marginal resource cost of labor (MRC) for Stephanie's business. Instructions: Use the tool provided "MRC" to plot the line point by point, starting from 1 worker up to 7 workers (7 points total)

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