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Poland Pw Graph the budget beard show how it change's ben the price of good & Support a business Inituses a bug one huge phon CUBANOr. What dom the do is your budas! Ins? What can you try bbout emitting hailienines a The budget line re awh deas lot my price The budget In jeopardy of point The budget Interpandy of come pointy hunt a Then It no change h the budget IneExercise 7: Firm Behavior and Production Theory (1) Measuring Productivity. Complete this table. Table 5-1 The Production Function (5) (5) AL T = MP = AP Fixed Variable Change Output Marginal Average Inpu Input Product Product (Capital) Labor Labor of Labor of Labor Given [Given] [4 (2)1 [Given] [A (4VA(2) 14)(2) 76 248 172 124 492 244 164 784 292 196 1,100 1,416 N N N N N N N N N N 1,708 1,952 2,124 2,200 2,156 (2) Profit Maximizing Inputs. How many employees should you hire? Table 5-2 The Value Marginal Product of Labor (4) 15 = MP, AL VMP, = P x MP, Marginal Variable Price Product Value Marginal Unit Cost Input of of Labor Product of of Labor Output Column 5 of Labor Labor [Given] [Given] Table 5-1) [(2) x (3)1 (Given] $400 76 $728 400 172 516 400 244 732 400 292 376 400 316 948 400 316 948 400 292 876 400 244 732 400 172 516 400 76 228 400 -14 -132 400