Due to a rise in popularity, Penny's firm begins to make hair bows rather than flower barrettes. She can make hair bows at a rate of 3 each hour. The firm can sell these bows for $2.99 each. What is Penny's value of the marginal product of labor for each hour she works? Give your answer to two decimals. Part 2 (1 point) What is the highest wage the firm would be willing to pay Penny? Give your answer to two decimals.