Suppose a monopoly producer is also a monopsonist in the labor market. Demand for the output is p = 400 - 20. The production function is Q = 3L, and the labor supply curve is w = 20.00 + 2L. What is the firm's demand for labor? V MRPL = 1,200 36L MRPL = 800 - 6L MRPL = 800 - 8L MRPL = 200 - 3L How much labor does the rm hire? What wage will the firm pay? The firm will hire |:| units of labor at a wage rate of $|:|. (Round your answers to two decimal places.)