1. Assess the following functions (15 points): a. Find the stationary points. b. Determine whether the stationary point is a maximum or minimum. c. Draw the corresponding curves, it can be in the same graph. 1. ()= 2+6+2

2. ()=1022+5

2. A firm has the following short-run production function. =. (15 points). a. Make a table with two columns: Production and Labour. b. Add a third column to the table with the marginal product of labour. c. Graph the values that you estimated for the production function and the marginal product of labour.

3. A Firm has the following production function =. (20 points) a. Using differential calculus find the unit of labour that maximises the production. b. Estimate function of Marginal product of labour.

c. Obtain the Average product of labour. d. Find the point in which marginal product of labour is equal to the average cost.