Please help (it's just one question) 00B.80WAGE (Dollars per worker)On the following graph, use the blue points (circle symbol) to plot the firm's labor demand curve. Then, use the orange line (square symbols) to showthe wage rate. (Note: If you cannot place the wage rate at the level you want, move the two end points individually.)Hint: Remember to plot each point halfway between the two integers. For example, when the number of workers increases from 0 to 1, the value ofthe marginal product for the first worker should be plotted with a horizontal coordinate of 0.5, the value halfway between 0 and 1. Line segments willautomatically connect the points.Demand320280240Market Wage Rate120401.LABOR (Number of workers)3.4.2.5.The profit-maximizing quantity of labor at the market wage isMacBook Pro$44&%235.9.7.R. 302. Graphing demand for labor and computing the optimal quantity of labor demandedA company operates in a competitive market, selling each unit of output for a price of $20 and paying the market wage of $270 per day for eachworker it hires.In the following table, complete the column for the value of the marginal product of labor (VMPL) at each quantity of workers.Marginal Product of LaborValue of the Marginal Product of LaborOutput(Units of output)Labor(Number of workers)(Units of output)(Dollars)1.2573.15* 724.12845.On the following graph, use the blue points (circle symbol) to plot the firm's labor demand curve. Then, use the orange line (square symbols) to showthe wage rate. (Note: If you cannot place the wage rate at the level you want, move the two end points individually.)Hint: Remember to plot each point halfway between the two integers. For example, when the number of workers increases from 0 to 1, the value ofthe marginal product for the first worker should be plotted with a horizontal coordinate of 0.5, the value halfway between 0 and 1. Line segments willautomatically connect the points.MacBook Pro%23%243.5.R.B.

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Given that:
It is given that selling each unit of output for a price of $20.
The value of marginal…

A company operates in a competitive market, selling each unit of output for a price of $20 and paying the market wage of $270 per day for each worker it hires.