Question 1. Calculate the Average Product and Marginal Product of the variable input. Inputs No. of Average Marginal of boats Product Product Labour 0 0 1 2 2 5 3 9 4 14 5 18 6 21 7 23 8 24 Draw the AP and MP curves of the variable input. Remember AP and MP are measured in units of output! Identify the max point of AP of Labour and MP of Labour (the points of diminishing returns for both curves). The diagram need not be to scale