(d) Compare the column of average total cost and the column of marginal cost. Explain the relationship.

1. A firm makes brooms and then sells them door-to-door. Here is a relationship between the number of workers and the firm's output in a given day. Assume that capital is fixed: [20] Workers Output Marginal Total Total Total Cost Average Marginal Product Fixed Cost Variable Total Cost Cost Cost 0 0 1 20 2 70 110 4 140 5 160 6 170 7 175 (a) Fill in the column for marginal product (Clearly show how you calculated each entry). What pattern to do see and how would you explain it. (b) A worker costs Rs.200 a day, and the firm has fixed cost of Rs.300. Use this information to fill in the column for fixed-, variable-, total-,average total cost of production and marginal cost. (Clearly show how you calculated each column). (c) Compare the column of marginal product and the column of marginal cost. Explain the relationship