a.Which functional form (linear, quadratic, cubic) is most suitable to your data? Construct a scatter diagram but be sure to just do the dots; don't include the lines that connect them. Then, play around with the trendline feature and include what you consider to be the best trendline.

b.Using OLS, estimate the firm's short-run production function. Comment on the strength of the regression results.

c.Calculate the Q, AP, and MP for L = 8 workers.

d.At 8 workers, is MC rising or falling, and how do you know?

1. You collect the following production data for your rm: a. Which functional form (linear= quadratic, cubic} is most suitable to your data? Construct a scatter diagram but he sure to just do the dots; don't include the lines that connect them. Then, playr around with the trendline feature and include what you consider to he the best trendline. _n b. Using ULS, estimate the rm's short-run production function. Comment on the strength of the regression results. ' Calculate the Q, AP, and MP for L = 3 workers. 7'9? :- 51-!" At 8 iatrorlrers= is MC rising or falling= and ho'ul.r do you know