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Consider the table, which represents the short-run relationship between the number of units of labor hired and the amount of output produced Labor Input Total Output while holding the amount of capital fixed. The average product of the second worker hired is: 0 0 20 38 3 54 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 38 units of output b 18 units of output C 19 units of output d 58 units of outputIn the table below what is the Marginal Cost of the 30th unit of output? Output Total Cost Marginal Cost 0 100 10 120 20 160 30 230 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 6 b 7 C 8 d 70Firms decide to increase production by increasing all of their inputs. Is this a short-run or long-run situation? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Long-run. b Short-run. C One cannot tell.If marginal cost is minimized, what is true about marginal product? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Minimized b Maximized C One cannot tell