1. In the Deep Creek Mining Company example described in this chapter (Table 7.1), suppose again that labor is the variable input and capital is the fixed input. Specific cally, assume that the firm owns a piece of equipment having a 500-bhp rating. a. Complete the following table: LABOR INPUT TOTAL MARGINAL AVERAGE L (NO. OF PRODUCT PRODUCT PRODUCT WORKERS) TPL (= Q) MP L AP L 2 10b. Plot the (i) total product, (ii) marginal product, and (iii) average product functions