(Figure: Labor in a Competitive Market 0) 
Using the information in the figure, the firm would hire:
Definitions:
Industrial Development
The extensive growth and advancement of economic and manufacturing sectors within a country or region, often associated with technological innovation.
Urban Poor
Individuals and families living below the poverty line in urban areas, often facing issues related to housing, employment, and access to services.
Political Power
The capacity or ability of a person or group to influence or control the policies and actions of individuals, organizations, or governments.
Family Life
The daily living and social relationships within the household, encompassing domestic activities, care for children and elders, and emotional bonds.
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