Problem
You are the only firm in town, and your demand for labor follows the schedule P = 100 - 2Q, where P is the price and Q is the quantity. The price you pay for labor depends on the amount that you hire, according to the schedule P = 10 + 4Q. What price do you pay for labor per unit?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.