a. Discuss the concept of fixed input and variable input using the given table.

b. Are we analyzing production in the short-run or the long-run in this case? Explain briefly.

c. What is the total cost of producing 150 units of output? Show your calculation.

d. Calculate the value of the cell (--). Show your calculation. What does the value you calculated mean?

e. What is the marginal product of the third labor? What does the marginal product of third labor mean

in this case?

\"WE-- (K) (L) Cast Cast cost of Labor Use the given table to answer the following questions