100MPL402010LABOR (Number of worker)The following graph shows the demand for labor for three different prices per shovel:15013612010675453015LABOR (Number of workers)Given the company's marginal product of labor curve shown on the second graph, linegraph shows Gopher's demand for labor when the price of a shovel is $0.50, and lineGopher's demand for labor when the price of a shovel is $1.00.on thisshowsuouOM Jad segog) 30WM Gopher Excavators produces shovels in a small factory and sells the shovels in a competitivemarket. The following table shows the company's production function:Output(Number of workers) (Shovels)Labor11001952754340380Use the blue points (circle symbol) to plot the production function for Gopher Excavators on thefollowing graph.40Producion Function34010013040LABOR (Number of workana)Calculate the marginal product of labor (MPL) of each worker, and then plot the MPL curve on thefollowing graph using the blue points (circle symbol).Note: Remember to plot each point halfway between two integers. For example, when the numberof workers increases from 0 to 1, the MPL of the first worker should be plotted with a horizontalcoordinate of 0.5, the value halfway between 0 and 1. Line segments will automatically connectthe points.(genoygl indino

A production function illustrates the relationship between the inputs used and the output produced…

Gopher Excavators produces shovels in a small factory and sells the shovels in a competitive market. The following table shows the company's production function: Output (Number of workers) (Shovels) Labor 1 100 2 195 275 3 4 340 5 380 Use the blue points (circle symbol) to plot the production function for Gopher Excavators on the following graph. Producion Funtion LABOR Number of work Calculate the marginal product of labor (MPL) of each worker, and then plot the MPL curve on the following graph using the blue points (circle symbol). Note: Remember to plot each point halfway between two integers. For example, when the number of workers increases from 0 to 1, the MPL of the first worker should be plotted with a horizontal coordinate of 0.5, the value halfway between 0 and 1. Line segments will automatically connect the points. DUTPUT (Showe)