The demand for a monopoly's output is p = 75-Q. A single firm in this industry has a production function of Q = 2L. Which of the following is the firm's demand for labor? A. D₁ = MRP₁ = 150-8L OB. D₁ = MRP = 80-2L OC. D₁ = MRP₁ = 8-150L D. D₁ = MRPL = 75-2L The firm can hire labor from a competitive labor market at a wage of $15 per hour. How much labor does the firm use? The monopoly will hire workers. (Round your answer to two decimal places.)

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