Please complete the table

Exercise 7: Firm Behavior and Production Theory (1) Measuring Productivity. Complete this table. Table 5-1 The Production Function (2) (3) (4) (5) (6) K AL AQ AL = MPL Q = AP Fixed Variable Change Output Marginal Average Input Input in Product Product Capital Labor) Labor of Labor of Labor [Given] [Given] [4(2)] [Given] [A (4)4(2)] [(4)(2)] 2 0 0 76 76 76 248 172 124 492 244 164 784 292 196 1,100 NNNNN NN NN NN 1,416 FOOD YOU A WN . 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 (1) (2) (3) (4) (5) AL = MPL VMPL = PX MPL W Marginal Variable Price Product Value Marginal Unit Cost Input of Labor Product of of Labor Outpu Column 5 of Labor Labor [Given Given] Table 5-1 (2) x (3)] [Given] $3 $400 76 $228 400 172 516 400 244 732 400 292 876 400 316 948 400 316 948 400 SO60 VON UT A WN w ww ww ww ww 292 876 400 244 732 400 172 516 400 76 228 400 -44 -132 400