Use the following chart for questions 32 through 33: Price of Labor vs. Workers Demanded 200 150 Price of Labor 100 50 50 0 20 10 15 Workers Demanded 32. If the market wage rate is $150 per day how many workers will the company hire? (5 points) 33. If the market wage rate is $50 per day how many workers will the company hire? (5 points) Chapter 12 (monopoly): 34. What is a monopoly and how does it differ from perfect competition? (5 points) 35. How can economies of scale lead to a natural monopoly? (5 points) Use the following chart for questions 36 through 40: