1.The increased of employees in Caf Explorer from 2 to 8 is associated with the corresponding level of production of caf latte of 80, 90, 100, 109, 115, 115, 114.

(i) Calculate the marginal product of employee.

(ii) Explain whether this production functions exhibits increasing marginal productivity of labour

2.Suppose that XYZ company has the following cost equation Total cost = 5500+ 5Q2 and Marginal Cost = 10Q

(i) Given market price is RM500, what is the determinant of XYZ company's shutdown condition.

(ii) From the information given in (i), what is the condition for profit maximising? Is the firm earning a profit?

3.(i) With an appropriate diagram/s briefly explain the connection between total product, average product and marginal product for a firm operating with one variable input.

(ii)If a competitive firm is producing any output, it should produce at the level at which marginal revenue equals marginal cost. Why?

4.(i) Deadweight lost is defined as the net loss of total consumer plus producer surplus. With an appropriate diagram/s, briefly explain in what circumstances the deadweight loss due to the reduction in consumption could vary?

(ii) An increasing-cost industry is an industry whose long-run supply curve is upward sloping, with an appropriate diagram briefly illustrate the long run supply curve in a decreasingcost industry

please kindly answer these questions as soon as possible with full explanations (i.e graphs, calculations, answer explanation etc)