1. A firm's production function is shown below.

Workers	Output
2	240
3	450
4	656
5	810
6	864

The firm is technically inefficient if it employs _____ workers and produces _____ units of output. (Check all that apply.)

A. 4; 670

B. 6; 862

C. 5; 805

D. 2; 240

2.A firm's production function is shown below.

Workers	Output
2	180
3	338
4	492
5	608
6	648

When the firm employs a fourth worker, what is the marginal product of labor?

3. Suppose the price of organic strawberries falls. Other things being equal, you predict that in the market for conventional strawberries, the (demand/supply) _____curve will shift (rightward/leftward)_______, so the equilibrium price will (rise/fall)_____

4. Gas Stream, Inc. is the only natural gas supplier in a region. The company's total fixed cost is $2.8 billion, and its marginal cost is constant at $0.20 per m³. If Gas Stream prices its gas at marginal cost, it will sell 20 billion m³. Government regulators require the company to price its gas at average total cost, and it sells 14 billion m³ at this price. With this regulation, Gas Stream'seconomic (profit/loss)_____is $_____billion, and the deadweight loss is $______billion.

5.