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5. Given below is the graph of production function of a hypothetical firm. Lable the graph with three stages of production, and name each stage. (--/1.5) 12 G H 10 F E G 8 Jackets per day 6 D Total product 4 2 N B 2 . . 0 1 2 3 4 5 6 7 8 Units of labor per day Part 3: Reasoning -----/4.5) 6. Will you suggest the firm produce beyond profit maximization point? Support your answer with two (--/2.5) reasons. 7. Companies such as noon.com have been able to offer a wide range of products while keeping their overhead low. Why? Provide two reasons. 1/2)