How does the labor supply curve interact with wage determination and marginal product in the context of production efficiency?

The labor supply curve shows how many workers are willing to work at different wage levels. When wages are high, more people want to work, which increases the supply of labor. The marginal product of labor refers to the additional output produced when one more worker is hired. If a company can produce more goods efficiently with an extra worker, they may be willing to pay higher wages to attract that worker. For example, if a bakery finds that hiring one more baker increases their daily bread production significantly, they might raise wages to get the best talent, ensuring they remain efficient and profitable.