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Total Physical Product (Q). Units of Labor (L). 0.00 0.00 10.00 1.00 24.00 2.00 37.00 3.00 42.00 4.00 45.00 5.00 Given the above production function

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Total Physical Product (Q). Units of Labor (L). 0.00 0.00 10.00 1.00 24.00 2.00 37.00 3.00 42.00 4.00 45.00 5.00 Given the above production function and assuming the price of labor (PL) is OR 45.00 per worker. What would the per unit price of the product have to be greater than for the firm to hire ?the 5th unit of labor 10 Units of Labor (L) Marginal Physical Product (MPP) 12.00 1.00 14.00 2.00 11.00 3.00 7.00 4.00 3.00 5.00 Given the above table of a production function for a firm and the price of labor (PL) is OR 35.00 per worker. At what price ?would the firm sell to maximize profits at 4 units of labor

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