1. Complete the table below (assume the price per felled tree is $100); Value of the Labour - No. Output Marginal Marginal of Trees per Product of Product of Marginal Profit Lumberjacks Week Labour Labour Wage (L) (Q) MPL VMPLEMPL(P) (W) AProfit=VMPL-W 0 0 1 100 $2500 2 180 $2500 3 240 $2500 4 280 $2500 5 300 $2500 a. Given the data above, depict a Production Function. b. Determine how many lumberjacks this tree cutting company should hire. c. Depict the profit maximizing number of labourers 2. Depict the market for labour. Depict what will happen should Canada relax its immigration laws allowing more people to immigrate to Canada. 3. Depict the market for labour. Depict what will happen in the market for real estate agents given the advent of Covid-19. 1. Complete the table below (assume the price per felled tree is $100); Value of the Labour - No. Output Marginal Marginal of Trees per Product of Product of Marginal Profit Lumberjacks Week Labour Labour Wage (L) (Q) MPL VMPLEMPL(P) (W) AProfit=VMPL-W 0 0 1 100 $2500 2 180 $2500 3 240 $2500 4 280 $2500 5 300 $2500 a. Given the data above, depict a Production Function. b. Determine how many lumberjacks this tree cutting company should hire. c. Depict the profit maximizing number of labourers 2. Depict the market for labour. Depict what will happen should Canada relax its immigration laws allowing more people to immigrate to Canada. 3. Depict the market for labour. Depict what will happen in the market for real estate agents given the advent of Covid-19