Automated Labs uses 5 workers and 200 machines to produce its product.The marginal product of the last workers is 200 units of output per day; the marginal product of the last machine is 400 units of output per day.Workers are each paid $100 per day, and the rental price of each machine is $300 per day.

a.What is the marginal product per dollar spent on a worker?

b.What is the marginal product per dollar spent on a machine?

c.Is Automated Labs utilizing workers and machines in the cost-minimizing manner? What should it to minimize its costs? Explain.