Now determine the firm's demand curve for labor, assuming that it is selling in an imperfectly competitive market and that, although it can sell 17 units at \( \$ 2.20 \) per unit, it must lower product price by 5 cents in order to sell the marginal product of each successive labor unit.
Instructions: For marginal product, enter your answers as a whole number. For all other answers, round your answers to 2 decimal places.
\begin{tabular}{|c|c|c|c|c|c|}
\hline \multicolumn{6}{c|}{ Imperfectly Competitive Market } \\
\hline \begin{tabular}{c}
Units of \\
Labor
\end{tabular} & \begin{tabular}{c}
Total \\
Product
\end{tabular} & \begin{tabular}{c}
Marginal \\
Product
\end{tabular} & Product Price
\end{tabular}