8. Use the production data shown here on the left and the labor supply data on the right for a single firm to answer the following questions. Assume that this firm is selling its product for $1 per unit in a perfectly competitive product market. Units Total Units Wage Rate of Labor Product of Labor 13 25 1 1 $1 2 2 2 3 34 3 3 4 42 4 4 5 46 5 5 6 48 6 a. How many workers will this firm choose to employ? b. What will be its profit-maximizing wage rate? c. What labor market model do these data best describe?

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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