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Gopher Excavators produces shovels in a small factory and sells the shovels in a competitive market. The following table shows the company's production function: Labor Output (Number of workers ) (Shovels) O 0 1 85 2 160 3 225 4 270 5 295 Use the blue points (circle symbol) to plot the production function for Gopher Excavators on the following graph. ('3 300 -0- 270 240 Production Function 21 o 180 150 120 OUTPUT (Shovels) (D O 60 30 o 1 2 3 4 5 LABOR (Number of workers) Calculate the marginal product of labor (MPL) of each worker, and then plot the MPL curve on the following graph using the blue points (circle symbol). Note: Remember to plot each point halfway between two integers. For example, when the number of workers increases from 0 to 1, the MPL of the first worker should be plotted with a horizontal coordinate of 0.5, the value halfway between 0 and 1. Line segments will automatically connect the points. 100 O 90 MPL 80 70 60 MPL (Shovels per worker) 50 40 30 20 10 0 2 5 LABOR (Number of workers)The following graph shows the demand for labor for three different prices per shovel: M 105 90 75 N 60 45 \\ ' I I I WAGE (Dollars per worker) 30 15 0 . O 1 2 3 4 LABOR (Number of workers) Given the company's marginal product of labor curve shown on the second graph, line Y on this graph shows Gopher's demand for labor when the price of a shovel is $0.50, and line Y shows Gopher's demand for labor when the price ofa shovel is $1.00