10.Consider a price-taking firm that has total fixed cost of $50 and faces a market- determined price of $2 per unit for its output. The wage rate is $10 per unit of labor, the only variable input. Using the following table, answer the questions below. (5) Units of labor (3) Marginal product Marginal Marginal Output revenue product cost Profit 1 5 2 3 30 10 2. Fill in the blanks in column 3 of the table by computing the marginal product of labor for each level of labor usage. 5 7 8 9

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

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