1. Exercise 7.1 Deep Creek Mining Company uses capital (mining equipment) and labor (workers) to mine uranium ore. Suppose that labor is the only variable input. Complete the following table, which shows the amount of ore produced (measured in tons) when various sizes of crews are used to operate the equipment. Labor Input L Total Product Q Marginal Product MPL Average Product APL (No. of Workers) 0 0 1 3 3 3.00 2 6 3 12 4 21 5 33 6 39 7 42 8 42 9 39 10 33 On the following graph, plot the total product function using the green points (triangle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Hint: Be sure to plot the first point at (0, 0). Total Product Function Q 0 1 2 3 4 5 6 7 8 9 10 40 35 30 25 20 15 10 5 0 Input L (units) On the following graph, plot the marginal product function using the blue points (circle symbol) and the average product function using the orange points (square symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. If necessary, round to the nearest integer. Hint: Be sure to plot the first point for both functions at (1, 3). Marginal and Average Product Functions MP L AP L 0 1 2 3 4 5 6 7 8 9 10 12 10 8 6 4 2 0 -2 -4 -6 Input L (units) Identify the ranges of labor for the three stages of prod