Question: Please help me solve this. Cookies Production Function (L) (Q=TP) Units of Units of Labor Output 0 0 1 40 2 100 3 165 4

Please help me solve this.

Cookies Production Function (L) (Q=TP) Units of Units of Labor Output 0 0 1 40 2 100 3 165 4 200 5 ___ 6 240 4. Answer the following questions based on the above production function: a. Average product of three workers is _____. b. If the marginal product of the 5th worker is 25, then the total number of units of output produced when 5 workers are hired is _____. c. Diminishing marginal product (or "diminishing returns") sets in with the

addition of the ______ worker. d. Is this a short-run or long-run production function? Explain your answer.

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