1. The production function of a small rm that produces t-shirts is given by the table below. nunuumanmmwan Human-mm A. For each L, solve for AP and MP. Round-up your answers to two decimals. Summarize your answers on a table. B. What would be the output elasticities of labor? Round-up your answers to two decimals. If the rm is hiring 8 and 22 workers, interpret the computed 5L values. C. Identify the range of number of laborers under increasing marginal returns, diminishing marginal returns, and negative marginal returns. D. Explain why the rm experiences diminishing marginal returns. E. If the rm sells each t-shirt for $75 and each worker receives a wage of $450 per day, what is the optimal number of laborers to hire to maximize prots