Graph the demand for labor as a function of the wage using this data. What happens to the number of workers when wage goes up? How many workers will be hired and how many cookies made at a wage of 40.50? Please give me the equations so I can understand how to create this graph.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Graph the demand for labor as a function of the wage using this data. What happens to the number of workers when wage goes up? How many workers will be hired and how many cookies made at a wage of 40.50? Please give me the equations so I can understand how to create this graph. 

Worker
1
2
4
5
6
7
8
10
11
12
13
14
15
16
17
18
Output 2
ovens
(cookies)
.
40
79
117
154
190
225
258
289
318
345
370
393
459
477
output 1
oven
(cookies)
0
27
52.5
76.5
99
120
139.5
157.5
173.5
187.5
199.5
209.5
217.5
222.5
224:5
223.5
219.5
212.5
202.5
Transcribed Image Text:Worker 1 2 4 5 6 7 8 10 11 12 13 14 15 16 17 18 Output 2 ovens (cookies) . 40 79 117 154 190 225 258 289 318 345 370 393 459 477 output 1 oven (cookies) 0 27 52.5 76.5 99 120 139.5 157.5 173.5 187.5 199.5 209.5 217.5 222.5 224:5 223.5 219.5 212.5 202.5
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