1. Production Simulation. Data for Questions 1 are as follows:

Hours of Lab.	Total Output	Marginal Prod
0
1	100	----?
2	_____?	125
3	375	----?
4	-----?	150
5	625	-----?
		_

INSTRUCTIONS: Fill in the blanks "------ ?" above first in a worksheet.

(a) What is the total output when 4 hours of labor are employed?

(b) What is the marginal product of the fifth hour of labor?

(c) What is the average product of the first three hours of labor?

(d) From what labor hour does diminishing return sets in?