The marginal product of labor? (measured in units of? output) for a certain firm? is MPN=A(100-N),

where A measures productivity and N is the number of labor hours used in production. The price of output is? $2 per unit. ?(Round all answers to two decimal places?.)

If A? = 4 and the nominal wage is ?$70?, the quantity of labor demanded will be 91.25.

If A? = 4 and the nominal wage is ?$90?, the quantity of labor demanded will be 88.75.

Assume that A is equal to 4.

Using the line drawing tool?, draw the labor demand curve from 0 to 100 units of labor. Properly label this line.

If A? = 4?, the price of output is ?$4?, and the supply of labor is fixed at 90?, the equilibrium real wage is ??, and the equilibrium nominal wage is ?$?.