Consider the production data below from the Mulch Corporation on steel production from 2008-2016, for their second shift of workers.Since Mulch is a publicly traded corporation,the datawasderived from thecorporatewebsite oftheir accounting firm, Bob, and Pika, Inc.onJune 14,2019,fromPage39,Table15Coftheir report:"Mulch First Shift Data by the Decade."

1. In a clearly and accurately labeled table, which will be known as Table 9, "Calculations for MP and ap," created using Excel, calculate themarginalproduct(MP)andaverage product(AP)based on the data provided. Show all work.

2. In a clearly and accurately labeled line graph, which will be known as Graph 11, entitled "Production data for Mulch," created using Excel,plotthetotalproduct(TP),marginalproduct (MP),andaverage product(AP)curves based on that data.

3. Referencing onlyyourTPandMPcurves,identify exactly wherethelawofdiminishingreturnshassetin and state exactly how we would recognize it on each of the curves you have constructed.

4. ReferencingonlyyourTPandMPcurves,identify exactly wherenegativereturns havesetandexactly howwe would recognize that on each of the curves you have constructed.

5. Referencingallyourconstructedcurves,identify exactly wherelaborproductivityhasbeenmaximized, and exactly which curve you have created most clearly illustrates this.

Number of Workers Per Shift Units of Output (in 100s) 0 0 1 18 2 39 3 64 4 86 5 101 6 111 7 116 8 116 9 106