(Table: Production Function for Shaheer's Framing Shop) Shaheer Runs a Framing

Essay

(Table: Production Function for Shaheer's Framing Shop) Shaheer runs a framing shop that creates custom picture frames for his customers.The table shows the daily production function for his framing shop.He can hire a worker at a daily competitive wage of $60, and he sells a custom frame at a competitive price of $10.a) Calculate the marginal product of labor for each worker in the first empty column.b) Calculate the value of the marginal product of labor for each worker in the second empty column.