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The table below shows data for the production of Pineapples for an individual firm operating in a perfectly competitive market.
| Number of workers | Wage Rate |
|---|---|
| 0 | 2 |
| 10 | 4 |
| 20 | 6 |
| 30 | 8 |
| 40 | 10 |
| 50 | 12 |
| Number of workers | Total Cost of Labor | Marginal Cost of Labor (MCL) |
| 0 | 0
|
- |
| 10 | 40
|
4
|
| 20 | 120
|
8
|
| 30 | 240
|
12
|
| 40 | 400
|
16
|
| 50 | 600
|
20
|
Hint
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Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 4: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 10: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 11: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity