1,2,3,4,5.solve it

1 . A typical from in the shoot run produces a quantity of output Q, using two inputs : Capital ( K ) and Labour ( 1) perday, where capital ( K ) is fixed and Labour ( L ) is the only variable input . Assuming W be the fixed wage rate per unit of Labour, establish links $ i) between average physical product of Labour ( APPL) and average varialle cost ( AVC); and "ic) between marginal physical product of labour ( MP PL) and marginal Cost ( MC) , show that in the presence of one fixed input, both AVC and Mc are U- shaped. 2. why should a perfectly competitive time ( PCF) that is incurring Losses in the short run continue to produce than shutting down? 3. Based on the following information, whether the profit maximizing or loss minimizing perfectly competitive brim ( PCF) should emtinue to produce or shut down. Draw the relevant diagram based on the birm's decision. Q = 50 ; P = $4 ; TFC = $400"; TVC= $ 250 4 . " A profit maximizing single price monopolist will only produce at a point on its demand chive where the absolute value of the price elasticity of demand , I Ep ) , is greater than one . " True or false ? Give reasons for your answer. 5. what is the long run average cost ( LRAC) of a from ? How would you obtain the LRAC auive from the short run average cost ( SRAC) areres ? I lestrade your answer by using appropriate diagrams and underlying assumptions . 5. What are the types of price discrimination a monopolist can procetice ? what conditions must hold for price discrimination to be successful